After ending yesterday at 0.8696, Euro-Pound increases slightly to 0.8696 (up 8,695 pips) .
A good end to the trading week, EUR/GBP is up to 0.8696, after closing yesterday at zero. Overall, a 0% move or 8,695 pips this week. (Start trading Euro-Pound at FXTM today).
At the same time, United Kingdom BoE Interest Rate Decision (Sep) released Thursday with a figure of 5.25, while the previous figure was 5.25. United Kingdom Consumer Price Index came out at 6.7%, while a consensus of analysts was expecting 7%. United Kingdom CFTC GBP speculative net positions released Friday with a figure of 33,700, while the previous figure was 46,200. Euro Zone CFTC EUR speculative net positions came out at 102,000. Fresh Services PMI data from United Kingdom came out at 47.2.
Outlook for rest of the week: Positive indicators for Euro-Pound are expected going forward as United Kingdom GDP is projected to outperform its last figure with 0.4%. It previously stood at 0.2%; data will be released Friday. United Kingdom GDP is projected to outperform its last figure with 0.2, having previously been at 0.1. The figure will be published Friday.
Elsewhere, Germany Consumer Price Index is expected Thursday.