Investing.com - The Euro was lower against the British Pound on Friday after the release of euro zone data on Retail Sales.
EUR/GBP was trading at 0.8690, down 0.48% at time of writing.
The pair was likely to find support at 0.8652, Monday’s low, and resistance at 0.8818, Thursday’s high.
Earlier in the day, official data showed that retail sales in the euro zone fell unexpectedly to a seasonally adjusted -0.20% last month, from -0.20% in the preceding month whose figure was revised up from -0.40%.
Analysts had expected retail sales to rise 0.10% last month.
Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.63% to hit 1.4116 and EUR/JPY falling 0.47% to hit 114.16.
EUR/GBP was trading at 0.8690, down 0.48% at time of writing.
The pair was likely to find support at 0.8652, Monday’s low, and resistance at 0.8818, Thursday’s high.
Earlier in the day, official data showed that retail sales in the euro zone fell unexpectedly to a seasonally adjusted -0.20% last month, from -0.20% in the preceding month whose figure was revised up from -0.40%.
Analysts had expected retail sales to rise 0.10% last month.
Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.63% to hit 1.4116 and EUR/JPY falling 0.47% to hit 114.16.