• Big squeeze on EUR/GBP shorts since cross plumbed 88mth low of 0.7015 last week
  
  
• 0.7172 was Friday's high. 0.7093-0.7164 = Monday range-to-date
  
  
• Pair could see further short-covering if it breaks through 0.7182 (Mar 6 low)  
  
  
• Beyond 0.7182 resistance seen at 0.7220 (last week's high) 
  
  
• Market focus on UK earnings & jobs data due Wednesday, alongside MPC minutes