Kicking off the session at 0.8763, Euro-Pound currency pair peaks at 0.8784

Friday at a glance: EUR/GBP rose 23 pips to close at 0.8784 Friday which makes for a move of 0.26%.

Elsewhere, other currency pairs are also gaining ground as NZD/USD added 1.64% and closed around 0.6194 Friday.

While Euro-Pound is up today, these currencies are lagging behind: after ending Friday's session at 133.59, USD/JPY lost 175 pips and is trading around 131.83. EUR/NZD lost 0.92% Friday and closed at 1.7137.

Furthermore, the market is looking at Germany Producer Price Index projected to decline to -1.6% while previous data was -1%; data will be released tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) is scheduled for tomorrow at 10:00 UTC.

Trading mostly sideways for a month. Having set a peak of 0.9785 around 5 months ago, Euro-Pound is now trading 10.46% below this level.