Euro-Pound is trading around 0.8768 after ending the previous session at zero (up 0%) .
A good end to the trading week, EUR/GBP is up to 0.8768, after closing yesterday at zero. Overall, a 0% move or 8,768 pips this week. (Trade Euro-Pound with FXTM now).
Uptick comes while some more positive signs for Euro-Pound are out as data for United Kingdom Average Earnings Index +Bonus published Tuesday came out at 5.5, beating projections of 5.4 and showing improvement over the preceding figure of 5.2.
On the flip side, Retail Sales in United Kingdom fell short of market expectations (-0.5%) with a reading of -1.6%, continuing the decline from the previous figure of 0.4%. Highly important Manufacturing Production data from United Kingdom beat analyst expectations of 0.4% with a reading of 0.1%.
At the same time, Germany ZEW Economic Sentiment Index released Tuesday with a figure of -61.9, while the previous figure was -55.3. United Kingdom Claimant Count Change (Aug) came out at 6,300, while a consensus of analysts was expecting -13,200.
The market is looking forward to the release of new data: United Kingdom BoE Interest Rate Decision (Sep) is scheduled for Thursday. United Kingdom Composite PMI is expected Friday. United Kingdom Manufacturing PMI is expected Friday.