Euro-Pound trades at 0.8794 after Germany Consumer Price Index was released today at 13:00 UTC.

After closing at 0.8791 yesterday, EUR/GBP began today at 0.8792 with significant bullish sentiment driving EUR/GBP's price action higher. So far today, price action has drawn out a distinct 0.8782 to 0.8887 range.

• Euro-Pound is currently trading at 0.8791 following the release of Consumer Price Index data from the Germany.

Highly important Business Climate Index data from Germany beat analyst expectations of 91.4 with a reading of 91.1. Germany Consumer Price Index came out at 8.7%, while a consensus of analysts was expecting 8.7%.

Euro Zone Consumer Price Index is expected tomorrow at 10:00 UTC. Euro Zone Consumer Price Index is expected tomorrow at 10:00 UTC.

EUR/JPY is down 46 pips from the beginning of the session and now trades around 143.2. GBP/NZD closed at 1.9414 (down 0.3%). EUR/NZD closed at 1.7067 (down 0.36%).

Euro-Pound is now trading 10.16% away from its significant high of 0.9785 first tested 4 months ago.