Trading lower, EUR/GBP is currently down 2 pips as it ranges between 0.8771 and 0.8805 so far today.
Euro-Pound is currently trading at 0.8774 following the release of ECB President Lagarde speech data from the Euro Zone.
While price action maintains a negative bias, Spain GDP beats expectations of 0.1 with new data release of 0.2, marks no change over previous data of 0.2. United Kingdom Labour Productivity (Q3) released yesterday at 08:30 UTC with a figure of 0.9, while the previous figure was 1.1.
In the meantime, negative performances are also seen in other pairs as after ending yesterday's session at 141.73, EUR/JPY lost 56 pips and is trading around 141.16. GBP/JPY is trading around 160.91 (down 53 pips). USD/JPY slips 0.27% to trade around 129.81.
Furthermore, Germany Buba Balz speech is scheduled today at 17:00 UTC. Euro Zone CFTC EUR speculative net positions is scheduled for today at 20:30 UTC. United Kingdom CFTC GBP speculative net positions scheduled to come out today at 20:30 UTC.
Trading mostly sideways for a month. Euro-Pound is now trading 10.31% away from its significant high of 0.9785 first tested 3 months ago.