EURGBP trades around 0.8420 during the European trading hours after experiencing slight losses in the previous session. The recent release of Purchasing Managers’ Index data from both the Eurozone and Germany contributed to a steadying effect on this currency cross. Despite turbulence, the pair has managed to stabilize around the 0.8400 mark. Market analysts are closely watching for potential indicators of the economic trends in Europe that could influence the EURGBP moving forward.