Market news
29.12.2010, 11:28

EUR/GBP under pressure

EUR/GBP had an upward bias through Asia and the European morning, trading close to stg0.8555 before pulling back to the stg0.8526 area. Above the market, offers are said to be around stg0.8575 as well as at stg0.8693/00. Support comes from interest at the current stg0.8530/20 level (61.8% retracement of the day's range). Bids are also staggered to stg0.8510/15.

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