04.06.2008 17:05

EUR/GBP retreats

EUR/GBP edges back up to stg0.7910. Offers remain in place toward stg0.7920 (earlier rally high stg0.7918, seen after disappointing CIPS data). A break and clear above to open a move on toward stg0.7940/45. Bids now seen in place at stg0.7895 (38.2% stg0.7856/0.7918), with further demand seen dotted down to stg0.7885 with stops below.






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