• EUR/GBP under pressure

Market news

9 May 2011

EUR/GBP under pressure

EUR/GBP extended its losses to current stg0.8761, as the euro saw a sharp sell off on press reports suggesting Greece was discussing leaving the eurozone. However, this story was vehemently denied. Offers remain in place to stg0.8800, a break to open a move toward stg0.8840/45. Support ahead of stg0.8755/45.

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