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2 Jan 2015
EUR/GBP back above 0.7800
FXStreet (Córdoba) - EUR/GBP continued to rise and climbed back above 0.7800, reaching a fresh daily high at 0.7813, boosted by a decline of the pound across the board after weak economic data from the United Kingdom.
The euro is recovering versus the pound after falling earlier to 0.7744, the lowest price since October 2008. Currently trades at 0.7805/10, up 0.50% having the best day so far since November 18.
EUR/GBP is now just a few pips below the level it had at the beginning of the week after rising more than 60 pips from today’s lows and is avoiding a weekly close below 0.7800.
The euro is recovering versus the pound after falling earlier to 0.7744, the lowest price since October 2008. Currently trades at 0.7805/10, up 0.50% having the best day so far since November 18.
EUR/GBP is now just a few pips below the level it had at the beginning of the week after rising more than 60 pips from today’s lows and is avoiding a weekly close below 0.7800.