Forex: EUR/GBP at 0.7859 (Barcelona) - The improved sentiment has brought the EUR/GBP to 0.7862 high so far as the light volume trading is volatility friendly.

Greece surprised the market with an improving Q2 GDP, from -6.5% to -6.2%, instead of widening the contraction to -7.0% as expected.

Commerzbank analysts are bearish while the cross remains below 0.7963 (August high): “EUR/GBP has slipped through its one month support line at 0.7859 and has the current August trough at 0.7852 in view”, wrote analyst Axel Rudolph.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.