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Market Moving News: EUR/GBP - Jun 23

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23 June 2008 @ 12:45 am EST
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Eur/gbp - 1.5598...More profit taking is seen with some traders squaring long positions entered last Friday (less follow through buying is discouraging them fm trying the euro too high). A mixture of offers n stops remains at 1.5650/60 while on the downside, bids (some orders are option-related) are tipped at 1.5575 with stops building up in the region of 1.5540-1.5560...

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