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CM: Dollar holds in ranges against EUR and GBP
 
FXstreet.com (Córdoba) - The Pound and the Euro are trading sideways so far on Friday against the Dollar. EUR/USD has been hovering around 1.2550 in the last hours while GBP/USD continues to move between 1.4320 and 1.4465.

The Euro is consolidating gains against the Dollar on Friday and is rallying for the third consecutive session but the upside so far has been capped by the 1.2670 zone. EUR/USD retreated and found support at 1.2470 and regained the upside but currently is facing resistance at the 1.2580 zone.

GBP/USD is testing daily highs around 1.4460 as it continues to trades in a 150 pip range since late Thursday.


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