Investopedia

Forex: EUR/GBP muted response to US numbers

February 01, 2013 | Filed Under »
Forex pairs in this Article » EUR/GBP
FXstreet.com (Barcelona) - EURGBP has seen a muted response to US economic data this afternoon.

US unemployment inched higher to 7.9%, from 7.8% while NFPs came in at 157k against expectations of 160k. Having spiked dramatically this morning to post a high at 0.8648, spot retraced to find some support around 0.8615. Price is currently trading at 0.8628 and hourly RSI is at 65 and moving with a gentle up trend momentum.
comments powered by Disqus
Marketplace
Trading Center