EUR/GBP remains constrained within a 0.882 to 0.8889 range and is currently trading around the 0.8836 level.
In the meantime, negative performances are seen in other pairs, USD/CAD closed at 1.3738 (down 0.63%). USD/SGD is down to 1.3455, losing 45 pips, after closing at 1.35 in the preceding trading session.
Though Euro-Pound has been dropping, other pairs have been performing better: AUD/USD is up 0.92%.
Looking ahead, ongoing depreciation may be prolonged as United Kingdom Average Earnings Index +Bonus expected to decline to 5.7 while its preceding data was 5.9, data will be available tomorrow at 07:00 UTC.
Furthermore, United Kingdom Claimant Count Change (Feb) is expected tomorrow at 07:00 UTC. United Kingdom Employment Change 3M/3M (MoM) (Jan) scheduled to come out tomorrow at 07:00 UTC.
Trading mostly sideways for a month. Having set a significant low of 0.7134 8 months ago, Euro-Pound is trading 23.94% higher.