It's not been the best of mornings so far for the euro but it's all relative.
EURGBP has posted 0.7980 after chewing through a few bids ahead of the support but the level is holding so far. A break of 0.7975 signals a move lower to test 0.7950-55.
EURUSD meanwhile has given up on another attempt to take 1.1400 and is now looking to test support/bids around 1.1350. Larger buy interest just below at 1.1330-35. EURJPY failed at 127.00 and now looking to test session lows again of 126.73
GBPUSD offers at 1.4250 are capping the EURGBP-led rally again with general USD demand helping to put a bid under USDJPY and USDCHF.
I don't see any major moves going on here. USD sellers just getting a little tired by the lack of follow through.
