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16 Mar 2015
EUR/GBP trims daily gains
FXStreet (Córdoba) - A stronger pound across the board pushed EUR/GBP to the downside. Earlier the pair peaked at 0.7165 but then during the American session retarted and it was trading at 0.7130, less than 20 pips above today’s opening price.
EUR/GBP consolidates after recovery
Last week the pair dropped sharply and bottomed on Wednesday at 0.7010/15 and then rebounded. It surged on Thursday and since then it has been moving sideways around 0.7130. Price peaked on Friday at 0.7170 but quickly pulled back, while today, at the beginning of the week approached 0.7100 but bounced to the upside.
Tommorow economic data from the Eurozone will be release (inflation and employment) and on Wednesday, the employment report from the United Kingdom. Also on Wednesday the Bank of England will publish the minutes of the last meeting.
EUR/GBP consolidates after recovery
Last week the pair dropped sharply and bottomed on Wednesday at 0.7010/15 and then rebounded. It surged on Thursday and since then it has been moving sideways around 0.7130. Price peaked on Friday at 0.7170 but quickly pulled back, while today, at the beginning of the week approached 0.7100 but bounced to the upside.
Tommorow economic data from the Eurozone will be release (inflation and employment) and on Wednesday, the employment report from the United Kingdom. Also on Wednesday the Bank of England will publish the minutes of the last meeting.