Currently trading at 0.8553, EUR/GBP remains range-bound between 0.855 and 0.8557.
United Kingdom Consumer Price Index is next today at 06:00 UTC.
At the same time, Producer Price Index in Germany fell short of market expectations (-0.7%) with a reading of -1.4%, continuing the decline from the previous figure of 0.3%.
Elsewhere, other currency pairs are also gaining ground as USD/JPY ascends 0.2% to trade around 141.65. USD/CHF is up 0.12%. Having closed the previous session at 180.44, GBP/JPY is up 0.15% today to currently trade at around 180.71.
Furthermore, the market is looking at United Kingdom BoE Interest Rate Decision (Jun) is scheduled for tomorrow at 11:00 UTC. United Kingdom Consumer Price Index is expected today at 06:00 UTC. United Kingdom BOE Inflation Letter will be released tomorrow at 12:00 UTC.
Trading mostly sideways for 4 months. Having set a peak of 0.9785 around 8 months ago, Euro-Pound is now trading 12.59% below this level.