The GBP/EUR exchange rate remains under pressure as it approaches the Friday session. Upbeat economic data from Germany is driving the euro stronger against the pound. Looking forward, traders will focus on the upcoming UK retail sales report. A significant drop in retail sales, forecasted at -0.4%, could further strengthen the euro’s position against the pound. Investors are advised to stay tuned as the market reacts to economic indicators that are shaping currency trends in the forex arena.