GBP/EUR fell to a 3-month low of 1.1170 briefly last week following continued fears that a Brexit transition deal will not be reached in March and that Britain ‘would not be able to get all that it wanted’.
GBP/USD briefly touched a 7-week low of 1.3710 and traded up to 1.3818.
Italy have their election result today where it looks like being a hung parliament but fears of an anti-EU coalition could also emerge.
Thursday’s main focus will be on the EU interest rate decision.
Have a great week.