Yesterday at a glance: EUR/GBP ended Thursday at 0.8774. yesterday it went up to 0.879 only to drop back, yet still managed to close at 0.878.
Meanwhile, United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of -14,800, while the previous figure was -24,100. Euro Zone CFTC EUR speculative net positions came out at 143,400.
Other currencies are also rising as USD/JPY climbs 0.34% yesterday and closed at 131.69. EUR/JPY went up by 0.27% yesterday, and closed at 144.13.
While Euro-Pound is up today, these currencies are lagging behind: GBP/NZD retreats 0.38% yesterday and closed at 1.9917.
Trading mostly sideways for 2 months. As things stand, Euro-Pound is 10.33% away from a significant high of 0.9785, first set 5 months ago.