Euro-Pound down to 0.854, its lowest value in 3 months

EUR/GBP dropped 40 pips to 0.854, reaching its lowest point in 3 months.

Meanwhile, United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of 12,500, while the previous figure was 13,200. Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 158,400, while the previous figure was 165,700.

Euro-Pound's value drop coincided with the fact that EUR/NZD falls 0.86% yesterday and closed at 1.769. EUR/AUD lost 0.72% yesterday and closed at 1.6056.

Positive performances can be seen by looking at other currencies as USD/CHF went up by 0.49% yesterday, and closed at 0.9033.

Trading mostly sideways for 4 months. Having set a peak of 0.9785 around 8 months ago, Euro-Pound is now trading 12.25% below this level.