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May 15, 2023EUR/GBP is down to 0.8715, after ending Friday at 0.8716. Overall, a 0.01% loss or 1 pips today.
Though Euro-Pound has been dropping, other pairs have been performing better: USD/JPY is up 0.17%. Having closed the previous session at 147.29, EUR/JPY is up 0.17% today to currently trade at around 147.55. GBP/JPY is up 0.18%.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United Kingdom Average Earnings Index +Bonus projected to come out at 5.8 — worse than previous data of 5.9; data will be released tomorrow at 06:00 UTC.
Furthermore, Euro Zone ECB President Lagarde speech set for tomorrow at 14:00 UTC. United Kingdom Claimant Count Change (Apr) is scheduled for tomorrow at 06:00 UTC.
Trading mostly sideways for 3 months. Euro-Pound is now trading 10.92% away from its significant high of 0.9785 first tested 7 months ago.
