EUR GBP merges around high
9/16/2016 7:30:46 AM
EUR/GBP has been following the flat global sentiment that has been dominant in recent sessions, turning around the 0.8500 handle for the moment.
The European cross is navigating the upper end of the recent narrow range, with gains so far stopped in the mid-0.8500 and support developing around 0.8460, always against the backdrop of scarce fickleness in both the pound and the shared currency.
The cross is now up 0.04% at 0.8496 and exceed of 0.8532 would aim for 0.8575 and then 0.8625. On the other hand, the next support line up at 0.8415 followed by 0.8330 and then 0.8250.