EUR/GBP is trading at session lows, with the pound outperforming other currencies in the wake of the latest opinion poll ahead of Thursday’s election. EUR/USD is under pressure from both the underwhelming market reaction to the Greek bailout as well as the ECB’s decision to no longer require investment-grade ratings on Greek government bonds offered for collateral.
0.8625 is next support for the cross, with more just ahead of 0.8600.
