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EUR/GBP falls to test September lows

FXStreet (Córdoba) - The euro is falling for the seventh day in a row against the pound. After a short lived recovery from 0.7830 to 0.7850, EUR/GBP resumed the decline and broke below 0.7830.

The pair bottomed at 0.7811, reaching the lowest price since last Friday. Currently trades at 0.7820, 15 pips below the level it closed yesterday.

EUR/GBP approaching 0.7800

Despite falling constantly the pair has been able to hold above last week lows, but failed to make a strong recovery and remains under pressure, trading close to the 0.7800 area and last week lows that lie at 0.7807.

Brazil Current Account increased to $-5.489B in August from previous $-6.018B

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GBP/USD bids in at Weekly support 1.6326

GBP/USD is trading at 1.6347, down -0.25% on the day, having posted a daily high at 1.6415 and low at 1.6327.
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