The exchange rate has climbed to €1.118, up from €1.115 overnight.
Sterling has been slightly boosted by a series of weak figures out of the Eurozone yesterday.
Annual German retail sales fell by more than forecast, while Eurozone unemployment fell.
But core inflation for the bloc rose unexpectedly.Related articles
GETTYPound euro exchange rate - sterling has climbed slightly this morning
The GBP/EUR exchange rate closed out basically unchanged from the day’s opening levels
The data did little to deliver any significant impact on the exchange rate.
TorFX currency analyst Laura Parsons said: “The GBP/EUR exchange rate closed out Monday basically unchanged from the day’s opening levels, with the pairing hovering in the region of €1.116.
“The euro was gently buffeted by a succession of domestic data but none of the news was impressive enough to inspire much movement.”
Fresh data to be released out of the Eurozone and the UK could have a much more powerful influence.