Investing.com - The Euro was lower against the British Pound on Friday after the release of U.K. data on Retail Sales.
EUR/GBP was trading at 0.8178, down 0.07% at time of writing.
The pair was likely to find support at 0.8162, Thursday’s low, and resistance at 0.8269, Monday’s high.
Earlier in the day, official data showed that retail sales in the U.K. rose more-than-expected to a seasonally adjusted 1.8% last month, from -0.8% in the preceding month.
Analysts had expected retail sales to rise 0.5% last month.
Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.26% to hit 1.3173 and EUR/JPY rising 0.38% to hit 107.62.
EUR/GBP was trading at 0.8178, down 0.07% at time of writing.
The pair was likely to find support at 0.8162, Thursday’s low, and resistance at 0.8269, Monday’s high.
Earlier in the day, official data showed that retail sales in the U.K. rose more-than-expected to a seasonally adjusted 1.8% last month, from -0.8% in the preceding month.
Analysts had expected retail sales to rise 0.5% last month.
Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.26% to hit 1.3173 and EUR/JPY rising 0.38% to hit 107.62.