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May 04, 2023Small gain for EUR/GBP at 0.8805 after ranging between 0.8795 and 0.8835 today.
United Kingdom Services PMI is next today at 08:30 UTC.
Meanwhile, data for Euro Zone Unemployment Rate published yesterday at 09:00 UTC came out at 6.5, beating projections of 6.6 and showing improvement over the preceding figure of 6.6.
Elsewhere, other currency pairs are also gaining ground as having closed the previous session at 1.2566, GBP/USD is up 0.17% today to currently trade at around 1.2588. GBP/CAD is up 0.17%.
At the same time, USD/SGD is down to 1.3275, losing 16 pips, after closing at 1.3291 in the preceding trading session.
Elsewhere, Euro Zone Deposit Facility Rate (May) is expected today at 12:15 UTC. Euro Zone Interest Rate is expected today at 12:15 UTC. United Kingdom Composite PMI figure is projected at 53.9. It previously stood at 52.2; data will be released today at 08:30 UTC.
Trading mostly sideways for 2 months. Having established significant support at 0.7134 approximately 10 months ago, Euro-Pound's share price has bounced 23.41% higher.
