Investing.com - The Euro was lower against the British Pound on Friday after the release of euro zone data on French Consumer Spending.
EUR/GBP was trading at 0.8808, down 0.07% at time of writing.
The pair was likely to find support at 0.8672, Tuesday’s low, and resistance at 0.8831, Thursday’s high.
Earlier in the day, official data showed that Consumer spending in France fell unexpectedly to a seasonally adjusted -0.5% last month from 0.2% in the preceding month.
Analysts had expected French consumer spending to rise 0.1% last month.
Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.21% to hit 1.4159 and EUR/JPY falling 0.33% to hit 107.41.
EUR/GBP was trading at 0.8808, down 0.07% at time of writing.
The pair was likely to find support at 0.8672, Tuesday’s low, and resistance at 0.8831, Thursday’s high.
Earlier in the day, official data showed that Consumer spending in France fell unexpectedly to a seasonally adjusted -0.5% last month from 0.2% in the preceding month.
Analysts had expected French consumer spending to rise 0.1% last month.
Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.21% to hit 1.4159 and EUR/JPY falling 0.33% to hit 107.41.