EUR/GBP edging lower after German data disappoints- next up comes the UK equivalent

The fall below 1.0840 in the EUR/USD following the disappointing German PMI data has added some fresh downside pressure onto the EUR/GBP. That comes as the Pound holds up better than the Euro versus the dollar after those PMI numbers. To add more detail on that data; German manufacturing PMI fell to 42.5 from 43.5 and the services reading dropped back to 52 from 53.1. Perhaps most important of all, the composite reading dropped back into contractionary territory below 50, at 48.7. So, the EUR/GBP has just traded below 0.8400 ahead of the UK equivalent data, at 8.30am GMT. If that beats the street, then the EUR/GBP could fall back again and perhaps retest the recent 2024 low, at 0.8383.The EUR/GBP had closed in the US last night at 0.8409. It is currently trading at 0.8402