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EUR/GBP retreats from 0.7915

FXStreet (Córdoba) - The euro climbed against the pound during the European session supported by the PMI report of the region but failed to hold and pulled back, erasing most of the gains.

EUR/GBP</a> peaked at 0.7915, below Wednesday’s high and then retreated. The pair was unable to hold above 0.7900 and pulled back, accelerating to the downside after the beginning of the US session.

Currently trades at 0.7885, slightly above yesterday's close, holding some bearish momentum and remains near weekly lows that lie at 0.7869. If it falls below it would be trading at the lowest level since October 13.

NZD/USD extends 0.7870 rejection and trades at fresh 1-week lows

The New Zealand dollar is extending its 0.7870's rejection versus the American dollar as the pair fell 45 pips in the last three hours before reaching fresh lows since October 15 at 0.7820.
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