EUR/GBP holds position above 0.8500 ahead of PMI data from Eurozone, UK

  • EUR/GBP retraces its recent losses from the previous session, trading around 0.8510 during the early European hours on Tuesday. The pair is supported by a stronger Euro (EUR), which is gaining ahead of key Purchasing Managers' Index (PMI) data releases from the Eurozone and Germany later in the day.