FXstreet.com (Barcelona) - Euro and Pound's recoveries from Friday's lows, which had extended during Asian session, are weakening on the back of negative opening on European stock markets.

EUR/USD recovery from Friday's low at 1.4828 has capped at 1.59085, and the Euro gave away about 50 pips on European opening, dropping to levels around 1.5020.

GBP/USD recovery from Friday's low at 1.6270, has capped at 1.6595 to dip on European opening to levels below 1.6550, to test session low at 1.6475, which, so far remains intact.