The biggest percentage mover today is EUR/GBP but it’s still an ‘inside day’ for the pair.
A main theme of 2013 so far has been repatriation of assets into Europe and that helps explain the swift rise in EUR/GBP. The spike reversal over the past two days is worrisome for the bulls but as long as 0.8575/50 holds, the strong upward trend is intact.