The Traderszone Network

Published in TZ Latest News 21 February, 2017 by The TZ Newswire Staff

EURGBP retreat puts a bid under cable

Euro weakness notable again as another day gets underway 22 Feb
EURGBP now down on session lows of 0.8428 with EURUSD also trading just above 1.0533 lows
GBPUSD pinned around 1.2500 therefore after 1.2508 highs. Expect more offers/res around 1.2520 then 1.2550. Demand/bids 1.2480-85 then 1.2460.