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March 04, 2023
A quick look at yesterday: EUR/GBP slid down from 0.8868 to 0.883, losing 38 pips (0.44%) today.
Meanwhile, United Kingdom Composite PMI released yesterday at 09:30 UTC with a figure of 53.1, while the previous figure was 48.5. Fresh CFTC GBP speculative net positions data from United Kingdom came out at -14,100. Euro Zone CFTC EUR speculative net positions came out at 165,000.
Though Euro-Pound has been dropping, other pairs have been performing better: GBP/NZD is trading around 1.9353 after ending yesterday's session at 1.92 (up 0.8% today). GBP/USD went up by 0.84% yesterday, and closed at 1.2044. GBP/CAD is trading around 1.6375 after ending yesterday's session at 1.6238 (up 0.84% today).
Having set a significant low of 0.7134 8 months ago, Euro-Pound is trading 24.32% higher.
