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Forex: EUR/GBP down at 0.8456 on European opening

After an early drop to 0.8465 in the Asian shift that was retraced back to the opening area of 0.8470/75, the EUR/GBP tumbled ahead of Markit manufacturing PMI data in the Euro area and extended losses to 0.8456 low. The market remains pressured and able to suffer further losses.
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Forex: GBP/USD moves higher to 1.5573/75 after UK PMI

The GBP/USD has remained in a fairly even consolidation during European trading Thursday, despite a clear recovery this week. With the recent release of economic data in the United Kingdom, the pair is now trading near positively at 1.5574/75.
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