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June 18, 2023Friday at a glance: bearish sentiment ensured EUR/GBP finished Friday's session lower. However, despite the downward bias, Euro-Pound etched out a distinct 0.8521 to 0.8591 session range.
Though Euro-Pound has been dropping, other pairs have been performing better: GBP/JPY added 1.47% and closed around 179.29 Friday. USD/JPY rallies 1.15% Friday and closed at 140.26. EUR/JPY went up by 1.14% Friday, and closed at 155.24.
Trading mostly sideways for 4 months. Having set a peak of 0.9785 around 8 months ago, Euro-Pound is now trading 12.55% below this level.
