After four days of going down, Euro-Pound is flat today, hovering around 0.8714

EUR/GBP slides down from 0.8718 to 0.8714 today, losing 4 pips (0.05%).

While price action maintains a negative bias, United Kingdom BRC Retail Sales Monitor (YoY) (Apr) released yesterday at 23:01 UTC with a figure of 5.2, while the previous figure was 4.9. Germany Industrial Production published yesterday at 06:00 UTC came out at -3.4%, falling short of the -1.3% projections and continuing its decline from the previous 2.1% figure.

In the meantime, negative performances are also seen in other pairs as EUR/USD is down to 1.099, losing 18 pips, after closing at 1.1008 in the preceding trading session. EUR/JPY is down to 148.41, losing 17 pips, after closing at 148.59 in the preceding trading session.

Positive performances can be seen by looking at other currencies as having closed the previous session at 0.8891, USD/CHF is up 0.12% today to currently trade at around 0.8902.

Furthermore, Germany Consumer Price Index figure is projected at 0.4%. It previously stood at 0.8%; data will be released tomorrow at 06:00 UTC. United Kingdom House Price Index figure is projected at 0.2%. It previously stood at 0.8%; data will be released today at 06:00 UTC. United Kingdom RICS House Price Balance (Apr) is scheduled for tomorrow at 23:01 UTC.

Trading mostly sideways for 3 months. As things stand, Euro-Pound is 10.9% away from a significant high of 0.9785, first set 6 months ago.