Forex: EUR/GBP rises back above 0.9000

02 November 2009 @ 08:44 am EDT

FXstreet.com (Córdoba) - The Euro is stronger against Cable and is back above 0.9000. EUR/GBP fell last week to 0.8910 posting the lowest price in more than a month. Earlier on Monday the pair broke a resistance zone at 0.8990 and jumped above 0.9000 to 0.9040, intra-day high. Currently trades at 0.9025/30, 0.65% above today's opening price. EUR/GBP is rising for the first time after falling in the last five sessions.

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