EUR/GBP consolidates losses with upside attempts capped below 0.8600

The Euro is looking for a direction below 0.8590. Weak Eurozone data keeps fuelling hopes of ECB cuts and weighing on the Euro The pair is nearing a strong support area above 0.8500 The euro is trading sideways for the fifth consecutive day on Friday, with price action trapped within the upper range of 0.8500.