The pound euro (GBP/EUR) exchange rate remains under pressure at the start of the new week.
The EUR is inching higher, but gains are limited ahead of the no-confidence vote in France.
PM Bayrou is expected to lose the vote, which could result in President Macron either appointing a PM or calling elections.
The ECB rate decision is on Thursday, and the ECB is expected to leave rates unchanged.
The pound is falling amid ongoing concerns over the fiscal position of the UK after PM Kier Starmer’s cabinet reshuffle.
UK GDP data is due on Friday.
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