EN:British pound sterling: Currency continues to gain favour vs the EUR, GBP USD rally proves 'frustrating'
The pound euro exchange rate is 0.15% lower on the day with GBP EUR at 1.1697.
The pound dollar exchange rate is 0.38% lower with GBP USD 1.5539.
The pound Australian dollar exchange rate is 0.14% lower with 1 GBP = 1.5566 AUD.
The British pound continues to trade in tandem with the prevailing attitude to risk. Equity markets have improved heading into mid-morning in London, in turn the GBP has lost ground.