Euro holds form against British Pound amid strong Eurozone data, hawkish BoE comments
The Euro (EUR) holds gains against the British Pound (GBP) on Thursday, as the EUR/GBP flirts with the 0.8600 area, just below three-month highs, at 0.8607, following a 0.3% appreciation so far this week.
The Euro (EUR) maintained its strength against the British Pound (GBP) on Thursday, flirting with the 0.8600 level, just below its three-month highs, at 0.8607. This resilience came after a 0.3% gain during the week, as both currencies struggled against the US Dollar (USD). Strong Eurozone data provided some support to the euro, which offset hawkish comments from the Bank of England (BoE).
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