The exchange rate has managed to hold after the release of sales data which saw a positive increase following a slow month in March.
The pound has held up against the euro as the week comes to a close.
Regardless of the slow start to the week, with the exchange rate being below £1.140, it has managed to improve.
Today’s exchange rate is at £1.142, according to Bloomberg.
The positive UK retail sales data has prevented the exchange rate from dropping.
