Bullish currency pair Euro-Pound runs out of steam at 0.86; currently at 0.86

A quick look at Friday: with a daily low of 0.86, EUR/GBP closed Friday at 0.86, after ending Thursday at 0.859 and gaining 10 pips (0.13%).

A look at other currencies also shows bullish price action as USD/JPY went up by 0.84% Friday, and closed at 139.97.

While Euro-Pound is up today, these currencies are lagging behind: EUR/AUD lost 1.09% Friday and closed at 1.637. EUR/CAD is down to 1.4371, losing 98 pips, after ending the previous session around 1.4469.

Also worthy of note, United Kingdom Composite PMI is expected tomorrow at 08:30 UTC. Germany Trade Balance (Apr) is scheduled for tomorrow at 06:00 UTC. Germany Services PMI figure is projected at 57.8. It previously stood at 56; data will be released tomorrow at 07:55 UTC.

Trading mostly sideways for 3 months. As things stand, Euro-Pound is 12.21% away from a significant high of 0.9785, first set 7 months ago.