EURGBP great idea

Wait 5 sec.

EURGBP great idea Euro vs. Great British PoundFX:EURGBPEZIO-FXEUR/GBP steadies above 0.8100, although it remains on track for a 0.5% weekly decline. The positive impact of the lower Oil prices has been offset by uninspiring German data this week. In the UK, political uncertainty has kept the British Pound's upside attempts limitedThe Euro (EUR) is trading practically flat, around 0.8615 against the British Pound on Friday, showing some signs of bottoming after bouncing from 0.8600 lows on Wednesday. The Euro is drawing some support from lower Oil prices, while Sterling’s rally has lost steam, with markets on a wait-and-see stance, awaiting the UK’s leadership transition.