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April 24, 2023EUR/GBP is down to 0.8831, after ending Friday at 0.8832. Overall, a 0.02% loss or 1 pips today.
Germany Business Climate Index data will be released today at 08:00 UTC, with an expected improvement to 94. Euro-Pound reaction to indicator information will follow.
In the meantime, negative performances are also seen in other pairs as EUR/JPY slides down 0.11% to trade around 147.23.
At the same time, GBP/JPY trades with no major change, around 166.73.
Looking ahead, ongoing depreciation may be prolonged as Germany Business Climate Index is projected to outperform its last figure with 94, having previously been at 93.3. The figure will be published today at 08:00 UTC.
Furthermore, Germany Current Assessment (Apr) will be released today at 08:00 UTC. Germany Business Expectations is projected to outperform its last figure with 91.5. It previously stood at 91.2; data will be released today at 08:00 UTC.
Trading mostly sideways for 2 months. After setting a supportive marker at 0.7134 around 10 months ago, Euro-Pound is now trading 23.81% higher.
