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Forex: EUR/GBP hits intra-day high at 0.8980 after EMU CPIFITITOL–>FXstreet.com (Barcelona) ? The Euro’s recovery from Friday’s low at 0.8905 has continued today’s session with the pair breaking above MA55 and Ma200 60 minutes chart at 0.8960/65 zone and hits 0.8980 as intra-day high. Currently the pair is trading around 0.8960/70, 0.45% above today’s opening price action at 0.8930.

EuroZone CPI has risen 0.2% MoM between September and October, and has declined 0.1% YoY in October, a data in line of expectations and above 0.3% YoY decline posted in September.
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Read More Forex EUR GBP hits intraday high at 08980 after EMU CPI