Euro Holds Losses Against Pound Despite Stronger German Industrial Production

The EUR/GBP cross is holding near 0.8640 in early European trade on Tuesday, failing to recover despite better-than-expected German Industrial Production figures. The Euro remains under pressure against the British Pound.

Stronger German data typically supports the Euro, but the single currency is struggling to gain traction. The British Pound continues to hold firm, weighing on the cross. Traders are watching for further catalysts from the UK and Eurozone economic calendars.