The pound euro exchange rate is rising on Friday for a fourth straight day.
The pound has risen to a 5-week high against the EUR despite the BoE cutting rates this week.
Investors also consider the agreed-upon UK—US trade deal framework, which benefits the UK car, steel, and aluminium industries.
The euro is under pressure as amid a lack of fresh catalysts. The eurozone economic calendar is quiet.
ECB policymakers see inflation easing back to the 2% target, supporting the view that the central bank will cut again in June.
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