Bullish currency pair Euro-Pound runs out of steam at 0.8597; currently at 0.8595

Euro-Pound trades at 0.8595 after gaining 50 pips (0.59%).

Other currencies are also rising as having closed the previous session at 0.9027, USD/CHF is up 0.72% today to currently trade at around 0.9092.

While Euro-Pound is up today, these currencies are lagging behind: after ending Friday's session at 1.2581, GBP/USD lost 71 pips and is trading around 1.251. GBP/JPY is down 76 pips from the beginning of the session and now trades around 174.57.

Elsewhere, Germany Consumer Price Index figure is projected at -0.1%. It previously stood at 0.4%; data will be released tomorrow at 06:00 UTC. United Kingdom Claimant Count Change (May) is scheduled for tomorrow at 06:00 UTC. Germany ZEW Economic Sentiment Index figure is projected at -12.7. It previously stood at -10.7; data will be released tomorrow at 09:00 UTC.

Trading mostly sideways for 4 months. Euro-Pound is now trading 12.68% away from its significant high of 0.9785 first tested 8 months ago.