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EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm

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EUR/GBP eyes former resistance level at 0.73

Monday, March 23, 2015 5:39 PM UTC

EUR/GBP former resistance level at 0.73 eyed after retreating from 0.7332
0.7301 = Mar 2 high. 0.7332 = highest level for cross since Feb 25
Earlier break thru 0.73 spurred by weak CBI exports gauge
0.7289 (Mar 18 high) & 0.7265 (Friday's high) among sub-figure supports
UK Feb inflation data due Tuesday. CPI forecast +0.1% y/y vs 0.3% in Jan

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EUR/GBP eyes former resistance level at 0.73

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