Forex: Euro and Pound bounce up, approaching session highs at European opening

 @ibtimes
on January 04 2010 3:17 AM

FXstreet.com (Barcelona) - Euro and Pound have bounced up from session lows to jump about 70 to 100 pips higher at European session opening times to reach levels right below Asian session high.

EUR/USD has bounced at 1.4265, to breach past 1.4300 and reach levels around 1.4325, with Asian session high at 1.4335.

GBP/USD has bounced from session low art 1.6055 to return above 1.6100 and reach 1.6150, approaching Asian session high at 1.6165.

.

Share this article