Pound Sterling has recovered from recent lows against the Euro ahead of the European Central Bank's (ECB) interest rate decision and the fading impact of a surprisingly soft UK inflation report.
The Euro is under pressure against the Dollar and Pound, with France's revised inflation data for September sharpening focus on Thursday's European Central Bank decision.
Pound Sterling firmed against the Euro after the ONS reported on-target wage numbers and a decline in the UK unemployment rate.
GBP/EUR faces downside risks this week as any misses in inflation or wage numbers will be jumped on. And don't forget the ECB's interest rate decision on Thursday.
