If the Pound breaks above the current rate against the Euro it could run on.
Against technical resistance that has held since 2020 this is a critical time.
With little scheduled GBP/EUR news it will be an interesting day.
Maybe the Eurozone unemployment rate out mid morning could have some impact.
Expect a reading of 6.3% for this report.
Going into tomorrow there's retail sales numbers out for the UK that had a big impact last month on Pound rates.
Business news centres on the UK housing market where the Nationwide reported a 3.7% annual price growth.
EUR: 10:00 Unemployment Rate
UK: Tuesday 00:01 BRC Like for Like Retail Sales
As ever we look forward to keeping you in the loop and look out for our next update.
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