EUR/GBP gains on month-end demand

Sources in our FXWW chat room are reporting that the usual suspect (the German central bank) is seen buying EUR/GBP. Offers reported at 0.7940 and the next key tech resistance lies at 0.7980.

EUR is doing quite well amid the broad USD strength and most of the EUR crosses are well-bid this morning.

by  This post appeared first on www.forextell.com.

Leave a Reply

Your email address will not be published.