FXstreet.com (Barcelona) - The Euro has gone through a downward correction and has dropped to around 0.9190 from intra day high at 0.9293, which means giving away one third of its gains from 90.00 on Mar 9.

That move has supported GBP/USD appreciation, the pair has rallied about 180 pips so far, from intra-day low at 1.3863 to test 1.4040 Mar 6 low.