Kicking off the session at 0.8817, Euro-Pound currency pair peaks at 0.8836

Currently trading at 0.8829, EUR/GBP remains range-bound between 0.8792 and 0.8836.

This move comes while some more positive signs for Euro-Pound are out as following a previous reading of 0.5, GDP in Germany released today at 06:00 UTC fell short of the -0.2 figure expected by analysts with an actual reading of -0.4.

Meanwhile, Euro Zone Consumer Price Index released yesterday at 10:00 UTC with a figure of 8.6%, while the previous figure was 9.2%. Italy 10-Year BTP Auction came out at 4.34.

Elsewhere, other currency pairs are also gaining ground as USD/JPY added 1.32% to its value, now trading at 136.44. Having closed the previous session at 1.3421, USD/SGD is up 0.55% today to currently trade at around 1.3494.

Meanwhile, AUD/USD is down to 0.6726, losing 84 pips, after closing at 0.681 in the preceding trading session.

Elsewhere, Euro Zone CFTC EUR speculative net positions is scheduled for today at 20:30 UTC. United Kingdom CFTC GBP speculative net positions will be released today at 20:30 UTC.

Euro-Pound is now trading 9.91% away from its significant high of 0.9785 first tested 4 months ago.