The pound-euro exchange rate (GBP/EUR) rose last week, posting gains of 0.1%.
The pound ended the week modestly higher against the euro despite signs that UK business confidence weakened in January, according to the Lloyds Business Barometer.
Confidence was likely dented by tariff threats from U.S. President Trump during the survey period. Attention now turns to the Bank of England, which is expected to hold rates on February 5 after a narrow December cut.
Meanwhile, the euro came under pressure despite stronger-than-expected eurozone GDP data. GDP was 0.3% QoQ, ahead of 0.2% forecast.