Posts Tagged ‘GBP’
The EUR/GBP is on its way to the biggest daily drop in months after a sharp reversal. The pair reached a fresh 14-month high at 0.9041 but lost bullish momentum, started to fell and accelerated
Cable fell so far during the American session against the Dollar erasing previous gains. Current price at 1.6277/79 is only 0.03% above today’s opening price. GBP/USD failed earlier to hold above 1.6300 and weakened, falling
Despite risk aversion rally, GBP/USD remains the strongest currency across the board holding comfortable above 1.6500/1.6520 area. Still in an upside trend, pair has remained bullish since past Mach; consolidating in a 600 pips range