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April 18, 2023Euro-Pound today at a glance: Euro-Pound trades at 0.883 after gaining 3 pips (0.05%). United Kingdom Average Earnings Index +Bonus data will be released today at 06:00 UTC, with an expected decline to 5.1.
Here is the technical analysis of Euro-Pound before macro data is released:
As the markets get ready for more data to be released — EUR/JPY moves 0.08% to trade around 147. USD/CHF draws back 0.11% to trade around 0.8975. AUD/USD trades close to 0.6713, with no major change.
Earlier data releases related to Euro-Pound – Italy Consumer Price Index came out at -0.4%, while a consensus of analysts was expecting -0.3%.
Coming up for Euro-Pound — United Kingdom Claimant Count Change (Mar) scheduled to come out today at 06:00 UTC. Germany ZEW Economic Sentiment Index is expected today at 09:00 UTC.
Trading mostly sideways for 2 months. After setting a supportive marker at 0.7134 around 10 months ago, Euro-Pound is now trading 23.72% higher.
