| 
June 14, 2023Slightly weaker but mostly flat: EUR/GBP is currently trading at 0.8548 as it maintains an active range between 0.8547 and 0.856.
United Kingdom's Manufacturing Production new data released of -0.3% below its previous figure.
On the flip side, positive data for Euro-Pound released earlier when highly important Manufacturing Production data from United Kingdom beat analyst expectations of -0.4% with a reading of -0.3%.
While price action maintains a negative bias, United Kingdom Monthly GDP 3M/3M Change (Apr) came out at 0.1, while a consensus of analysts was expecting -0.1. United Kingdom GDP (YoY) (Apr) released today at 06:00 UTC with a figure of 0.5, while the previous figure was 0.3.
In the meantime, negative performances are also seen in other pairs as EUR/AUD is down 38 pips from the beginning of the session and now trades around 1.5906. After ending yesterday's session at 1.3312, USD/CAD lost 23 pips and is trading around 1.3289.
Though Euro-Pound has been dropping, other pairs have been performing better: NZD/USD added 0.28% to its value, now trading at 0.6168.
Furthermore, Euro Zone Deposit Facility Rate (Jun) is expected tomorrow at 12:15 UTC. Euro Zone Interest Rate figure is projected at four. It previously stood at 3.75; data will be released tomorrow at 12:15 UTC. Euro Zone ECB President Lagarde speech is scheduled tomorrow at 14:15 UTC.
Trading mostly sideways for 4 months. Having set a peak of 0.9785 around 8 months ago, Euro-Pound is now trading 12.58% below this level.
