Trading lower, EUR/GBP is currently down 39 pips as it ranges between 0.8574 and 0.8635 so far today.
Euro-Pound is currently trading at 0.8584 following the release of ECB Publishes Account of Monetary Policy Meeting data from the Euro Zone.
Germany Business Climate Index beat analyst expectations of 85 and the previous reading of 84.5 with new data of 86.3.
While price action maintains a negative bias, United Kingdom Composite PMI came out at 48.3, while a consensus of analysts was expecting 47.2. United Kingdom Services PMI released yesterday at 09:30 UTC with a figure of 48.8, while the previous figure was 48.8.
In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 139.57, USD/JPY lost 130 pips and is trading around 138.27. EUR/JPY is down 129 pips from the beginning of the session and now trades around 143.83.
Positive performances can be seen by looking at other currencies as having closed the previous session at 1.6093, GBP/CAD is up 0.56% today to currently trade at around 1.6184.
Furthermore, Germany GDP is expected tomorrow at 07:00 UTC. Germany GfK Consumer Climate (Dec) scheduled to come out tomorrow at 07:00 UTC. Germany GDP is expected tomorrow at 07:00 UTC.
Euro-Pound is now trading 11.87% away from its significant high of 0.9785 first tested a month ago.