In a range-bound session favoring short positions, EUR/GBP remains constrained in a 0.8675 to 0.871 range and is currently trading close to 0.8686.
In the meantime, negative performances are seen in other pairs, EUR/AUD closed at 1.6406 (down 0.29%). EUR/JPY is down 28 pips from the beginning of the session and now trades around 150.58. GBP/JPY is down 33 pips from the beginning of the session and now trades around 173.34.
Furthermore, Spain HICP (YoY) (May) scheduled to come out tomorrow at 07:00 UTC. Spain Consumer Price Index figure is projected at 4.4%. It previously stood at 4.1%; data will be released tomorrow at 07:00 UTC. Italy 10-Year BTP Auction is scheduled for tomorrow at 09:10 UTC.
Trading mostly sideways for 3 months. As things stand, Euro-Pound is 11.23% away from a significant high of 0.9785, first set 7 months ago.