Cross rises to £0.72

Source: FXstreet
© Scanpix/Reuters
The continuous weakening of the Greenback keeps boosting both the Euro and the British Pound, pushing the currency pairs to higher levels. At the current moment, EUR/GBP gained 0.06% and trades at around £0.72, having recovered from the lows of 0.7183. The EUR/GBP pair stepped up from 0.7169 hit on Friday. Later today, the release of the German Ifo data will be among the main drivers for the currency pair. 
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