| 
April 07, 2023After ending the previous trading day at 0.8774, EUR/GBP went up to 0.879 only to drop back; still positive overall today, now trading at 0.878.
Nevertheless, following a previous reading of 54.6, Construction PMI in United Kingdom released yesterday at 08:30 UTC fell short of the 53.5 figure expected by analysts with an actual reading of 50.7.
Meanwhile, United Kingdom CFTC GBP speculative net positions released today 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.
A look at other currencies also shows bullish price action as having closed the previous session at 131.69, USD/JPY is up 0.35% today to currently trade at around 132.15.
Meanwhile, GBP/NZD stumbles 0.38% to trade around 1.9842. EUR/NZD slumps 0.36% to trade around 1.742.
Trading mostly sideways for 2 months. Euro-Pound is now trading 10.33% away from its significant high of 0.9785 first tested 5 months ago.
