Stalemate for Euro-Pound bulls and bears .
A good end to the trading week, EUR/GBP is up to 0.8756, after closing yesterday at zero. Overall, a 0% move or 8,756 pips this week. (Trade Euro-Pound with FXTM now).
This move comes while some more positive signs for Euro-Pound are out as United Kingdom Average Earnings Index +Bonus beat analyst expectations of 6.2 and the previous reading of 6.2 with new data of 6.4.
On the flip side, United Kingdom Retail Sales published today at 07:00 UTC came out at -1%, falling short of the 0.5% projections and continuing its decline from the previous -0.5% figure.
At the same time, United Kingdom Consumer Price Index released Wednesday with a figure of 10.5%, while the previous figure was 10.7%. Germany ZEW Economic Sentiment Index came out at 16.9, while a consensus of analysts was expecting -15. United Kingdom Claimant Count Change (Dec) came out at 19,700, while a consensus of analysts was expecting 19,800.
Also worthy of note, Germany Business Climate Index is projected to outperform its last figure with 90.2, having previously been at 88.6. The figure will be published Wednesday.
Elsewhere, Euro Zone ECB President Lagarde speech is scheduled for Monday. United Kingdom Manufacturing PMI is expected Tuesday.