Kicking off the session at 0.8683, Euro-Pound currency pair peaks at 0.8718

EUR/GBP went up to 0.8718 only to drop back some of the way and is now trading at 0.8703.

Euro-Pound is currently trading at 0.8703 following the release of ECB President Lagarde speech data from the Euro Zone.

At the same time, United Kingdom Claimant Count Change (Apr) released today at 06:00 UTC with a figure of 46,700, while the previous figure was 26,500. United Kingdom's Average Earnings Index +Bonus published today at 06:00 UTC came out at 5.8. The fresh reading lived up to analyst expectations as well as matching the previous month's figure. Euro Zone ZEW Economic Sentiment Index came out at -9.4, while a consensus of analysts was expecting -1.

A look at other currencies also shows bullish price action as having closed the previous session at 1.6231, EUR/AUD is up 0.59% today to currently trade at around 1.6327. USD/SGD added 0.28% to its value, now trading at 1.3396.

At the same time, after ending yesterday's session at 0.67, AUD/USD lost 43 pips and is trading around 0.6656.

Furthermore, the market is looking at Euro Zone Consumer Price Index is expected tomorrow at 09:00 UTC. United Kingdom BoE Gov Bailey speech is expected tomorrow at 09:50 UTC. Euro Zone Consumer Price Index is expected tomorrow at 09:00 UTC.

Trading mostly sideways for 3 months. Euro-Pound is now trading 11.31% away from its significant high of 0.9785 first tested 7 months ago.