FXstreet.com (Córdoba) - The Euro recovered against Cable during the American session. EUR/GBP fell to 0.9150, finding support at an uptrend line in four hours charts, following the ECB and BOE monetary policy decisions. After the opening bell at Wall Street the pair gained momentum and started to rise peaking at 0.9210.
The Euro is consolidating above 0.9200 that suggest it could rise further. Currently it trades at 0.9205/08, at the same price it had at the beginning of the day.
EUR/CHF also recovered after the start of the New York session. The pair fell to 1.5050 but if was rejected from those levels and rose back above 1.5170.