Euro vs UK Sterling (FX:EURGBP)
2 Years : From Dec 2011 to Dec 2013
The euro dropped against most major counterparts ahead of the European session on Friday.
The euro slipped to 1.3163 against the greenback and 0.8259 against the pound from yesterday's close of 1.3189 and 0.8265, respectively. The next downside target level for the euro is seen at 1.30 against the greenback and 0.82 against the pound.
Against the yen, the euro is now trading at 106.63, compared to an early 3-day high of 107.12. If the euro falls further, it may target 105.5 level.