EUR/GBP goes up to 0.8825 after dipping down to 0.8818 earlier.
- Germany GDP data will be released today at 06:00 UTC, with an expected decline to 0.3.
Earlier data releases related to Euro-Pound – Italy 10-Year BTP Auction released yesterday at 09:10 UTC with a figure of 3.77, while the previous figure was 4.12.
Technical analysis of Euro-Pound before macro data is released:
Coming up for Euro-Pound — today at 06:00 UTC data for Germany GDP will be released, with an expected decline to 0.3 from the preceding figure of 0.9. Germany Unemployment Change is projected to outperform its last figure with 10,000, having previously been at 16,000. The figure will be published today at 07:55 UTC.
As the markets get ready for more data to be released — USD/JPY gained 0.75% and is now trading at 134.9. EUR/JPY is up 0.63%. Having closed the previous session at 167.15, GBP/JPY is up 0.64% today to currently trade at around 168.22.
Trading mostly sideways for 2 months. Euro-Pound is now trading 23.67% away from its significant low of 0.7134 first tested 10 months ago.