Pound Euro exchange rate: Pound down as Theresa May returns to Brussels

While the pound advanced to a two-week high against the euro yesterday, GBP/EUR has since fallen below €1.150 to trade in the region of €1.149. Yesterday Sterling was buoyed by sturdy UK wage growth and unemployment figures and Brexit speculation. The euro, meanwhile, came under pressure as data continued painting a gloomy picture of the Eurozone economy.

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