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May 28, 2023A quick look at Friday: Euro-Pound dipped as low as 0.8675 before recovering some lost ground. However, the rebound failed to push the stock to where it started the session (0.8703) with EUR/GBP closing the day at 0.8686.
Though Euro-Pound has been dropping, other pairs have been performing better: GBP/NZD went up by 0.52% Friday, and closed at 2.0417. GBP/JPY added 0.64% and closed around 172.53 Friday. Notably, USD/JPY rose 0.41% Friday and closed at 140.05.
Trading mostly sideways for 3 months. As things stand, Euro-Pound is 11.06% away from a significant high of 0.9785, first set 7 months ago.
