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.

Euro-Pound's value drop coincided with the fact that after ending Friday's session at 1.769, EUR/NZD lost 153 pips and is trading around 1.7536. EUR/AUD is down to 1.5941, losing 114 pips, after ending the previous session around 1.6056.

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

Furthermore, United Kingdom BoE MPC Member Mann scheduled to come out tomorrow at 14:00 UTC.

Trading mostly sideways for 4 months. Euro-Pound is now trading 12.25% away from its significant high of 0.9785 first tested 8 months ago.