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ٹریڈنگ خبریں
23 Apr 2015
EUR/GBP keeps highs around 0.7160
FXStreet (Edinburgh) - The upside momentum in the single currency has pushed EUR/GBP to print session highs around 0.7160, although easing some pips at the moment.
EUR/GBP boosted by Greece headlines
News that a Greece-EU deal could be closer than previously estimated has been doing the rounds earlier, giving further legs to the euro and thus lifting the cross to intraday highs.
Previously, UK Retail Sales came in on the softer side during March, contracting 0.5% MoM and rising 0.2% on a monthly basis excluding the Fuel component. In Euroland, flash manufacturing and services PMIs disappointed investors, coming in below forecasts and previous prints.
EUR/GBP important levels
As of writing the cross is advancing 0.35% at 0.7158 with the immediate up-barrier at 0.7165 (low Apr.16) followed by 0.7194 (10-d MA) and finally 0.7206 (high Apr.22). On the other hand, a breakdown of 0.7100 (psychological level) would aim for 0.7093 (low Mar.16) and then 0.7065 (hourly low Mar.12).
EUR/GBP boosted by Greece headlines
News that a Greece-EU deal could be closer than previously estimated has been doing the rounds earlier, giving further legs to the euro and thus lifting the cross to intraday highs.
Previously, UK Retail Sales came in on the softer side during March, contracting 0.5% MoM and rising 0.2% on a monthly basis excluding the Fuel component. In Euroland, flash manufacturing and services PMIs disappointed investors, coming in below forecasts and previous prints.
EUR/GBP important levels
As of writing the cross is advancing 0.35% at 0.7158 with the immediate up-barrier at 0.7165 (low Apr.16) followed by 0.7194 (10-d MA) and finally 0.7206 (high Apr.22). On the other hand, a breakdown of 0.7100 (psychological level) would aim for 0.7093 (low Mar.16) and then 0.7065 (hourly low Mar.12).