24 Mar 2015
EUR/GBP headed toward highest close in a month
FXStreet (Córdoba) - EUR/GBP resume the upside during the American session and is trading above above 0.7350, headed toward the strongest close since February 20.
During the European session the pair climbed to 0.7372 reaching the highest price in four weeks and then pulled back. The slide for 0.7370 found support at 0.7325/30, around yesterday’s highs. Currently trades at 0.7358, up 40 pips for the day, as EUR/USD remains steady hovering around 1.0920/30 and GBP/USD drops to fresh lows under 1.4850.
The euro has risen against the pound in six out of the last seven trading day, accumulating a gain of 250 pips.
During the European session the pair climbed to 0.7372 reaching the highest price in four weeks and then pulled back. The slide for 0.7370 found support at 0.7325/30, around yesterday’s highs. Currently trades at 0.7358, up 40 pips for the day, as EUR/USD remains steady hovering around 1.0920/30 and GBP/USD drops to fresh lows under 1.4850.
The euro has risen against the pound in six out of the last seven trading day, accumulating a gain of 250 pips.