The Pound Euro (GBP/EUR) exchange rate is trading just a few pips lower at €1.1140 after a solid 0.4% gain in the previous session.

Brexit talks continue. However, the EU and the UK have failed to make progress on the same sticking points that have caused the stalemate for months. These include fishing waters and the level playing field.

Service sector PMI data will be in focus for both the UK and the Eurozone. Whilst the UK is expected to confirm a slight slowdown to 52.5, the EU is expected to record a deep contraction of 46.6.