Today’s housing data, showing a rise in prices albeit with construction activity down, has had little impact on the pound. The currency is generally being buffeted by data from the other side of the pairings.

Later this morning we will get the BBA mortgage rate, which has been increasing steadily over the past year, from 5.42% last October to 7.93% in September.

Then things go a little quiet midweek, before the quarterly GDP figure on Friday.

GBP/EUR past year

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