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Currency exchange rates today - strong pound and weak euro

Posted in : Exchange Rates

(added last year!)

Nevertheless, the dynamics of a rising EUR/USD pair froze at around 1.2275, which is 50% correction from 1.2298 rollback to 1.2151. Current EUR/USD exchange rate is 1.2263. Meanwhile, the EUR/GBP pair failed to rise above stg0.8180.

The counter sales resisted to rising dynamics of this pair, making the EUR/GBP fall back from the maximum recovery stg0.8182. The pair is currently trading at around stg0.8174. It is said that support will be provided in stg0.8145/40 and if the upward movement is renewed, the pair is going to break above the level of stg0.8182, opening way to its future growth to the area of stg0.8200.

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(added last year!) / 504 views