This week, all eyes turn to the UK-EU summit scheduled for Monday, as it could serve as a major catalyst for the Pound to Euro exchange rate. The summit will primarily address a new security and defense pact. However, discussions about potential adjustments to the post-Brexit trade relationship could offer GBP investors hope for a positive shift in valuation. If successful negotiations unfold, the GBP may extend its trend toward the significant level of 1.19. Traders should monitor the results of the summit closely, as the ramifications could impact market sentiment and currency pricing.