A quick look at Friday: bullish sentiment helped EUR/GBP to push 16 pips higher, reaching session highs around 0.8861, before consolidating until close. Ultimately, Euro-Pound closed Friday at 0.8833.
Elsewhere, other currency pairs are also gaining ground as notably, GBP/NZD rose 0.73% Friday and closed at 2.0122. Notably, EUR/NZD rose 0.85% Friday and closed at 1.7752. EUR/AUD is trading around 1.6419 after ending Friday's session at 1.6265 (up 0.94% today).
Also worthy of note, Germany Business Climate Index is projected to outperform its last figure with 94. It previously stood at 93.3; data will be released tomorrow at 08:00 UTC.
The market is looking forward to the release of new data: Germany Current Assessment (Apr) is expected tomorrow at 08:00 UTC. Germany Business Expectations is projected to outperform its last figure with 91.5. It previously stood at 91.2; data will be released tomorrow at 08:00 UTC.
Trading mostly sideways for 2 months. Having set a significant low of 0.7134 10 months ago, Euro-Pound is trading 23.6% higher.