Slightly weaker but mostly flat: EUR/GBP is currently trading at 0.8621 as it maintains an active range between 0.8618 and 0.8633.
Following a previous reading of 53.2, Construction PMI in United Kingdom released yesterday at 09:30 UTC fell short of the 52 figure expected by analysts with an actual reading of 50.4.
Meanwhile, Germany Industrial Production released today at 07:00 UTC is better than expected at -0.1% but down from preceding data of 1.1% according to new data. United Kingdom House Price Index came out at -2.3%, while a consensus of analysts was expecting -0.2%.
Positive performances can be seen by looking at other currencies as having closed the previous session at 136.96, USD/JPY is up 0.48% today to currently trade at around 137.62. GBP/JPY is up 0.43%. Having closed the previous session at 143.34, EUR/JPY is up 0.34% today to currently trade at around 143.84.
Furthermore, Euro Zone ECB President Lagarde speech scheduled to come out tomorrow at 12:00 UTC. United Kingdom RICS House Price Balance (Nov) will be released tomorrow at 00:01 UTC. Euro Zone GDP is expected today at 10:00 UTC.
Euro-Pound is now trading 11.84% away from its significant high of 0.9785 first tested a month ago.