Euro-Pound today at a glance: tentatively higher from an earlier low of 0.8822, EUR/GBP is up to 0.8846 today, adding 13 pips, or 0.15%, to Friday's closing price of 0.8832. United Kingdom Construction PMI data will be released today at 09:30 UTC, with an expected improvement to 49.1 (previous figure was 48.4).
Technical analysis of Euro-Pound before macro data is released:
As the markets get ready for more data to be released — EUR/NZD jumps 0.73% to trade around 1.7207. GBP/NZD is up 0.56%. EUR/AUD is up 0.58% to 1.5798.
Coming up for Euro-Pound — United Kingdom Construction PMI is projected to outperform its last figure with 49.1. It previously stood at 48.4; data will be released today at 09:30 UTC. Euro Zone Retail Sales is projected to outperform its last figure with 1%, having previously been at -2.7%. The figure will be published today at 10:00 UTC.
Trading mostly sideways for 28 days. Euro-Pound is now trading 23.81% away from its significant low of 0.7134 first tested 8 months ago.