FXstreet.com (Barcelona) - Euro and Pound have reversed their shy recovery attempts as they have both dropped one step downwards, breaking below intra-day lows moments ahead of the Frankfurt opening.

EUR/USD decline from Wednesday's high at 1.4995 has extended to levels below 1.4900, with the pair hitting a fresh intra-day low right below 1.4880; 0.55% below its day opening price.

GBP/USD has extended its retreat from 1.6845 high on Wednesday, breaking below intra-day low at 1.6685, to reach levels around 1.6660 at the moment of writing; 0.45% below its day-opening level.

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