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EUR/GBP weighed by Grexit risk

0.7375 = Asia low vs 0.74275 Monday high Recent talk of stops sub-0.7370 0.73715 = last week's 7year low on Feb 12, after relatively hawkish BoE QIR Among bear targets are 0.7353 (1.36 in GBP/EUR) & 0.7321 (2008 low) Off…

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  • 0.7375 = Asia low vs 0.74275 Monday high

  • Recent talk of stops sub-0.7370

  • 0.73715 = last week's 7year low on Feb 12, after relatively hawkish BoE QIR

  • Among bear targets are 0.7353 (1.36 in GBP/EUR) & 0.7321 (2008 low)

  • Offers pushed at 0.74 (0.7401 = 50% of 0.74275-0.7375)

 

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