EUR/GBP erases weekly gains

FXStreet (Córdoba) - EUR/GBP dropped further during the American session and printed a fresh 2 day low at 0.7485. Afterwards the pair managed to rise back toward 0.7500, where currently trades, down 0.85% for the day, having the worst performance since January 23.

While the euro is falling across the board, the pound and the yen are among the top performers.

EUR/GBP reversal

Today’s slide marks a major reversal after hitting yesterday the strongest level in more than a week at 0.7590. From Tuesday's highs it lost a hundred pips. The decline so far found support around the 0.7480/90 area and where Friday’s lows lie.