The growth of the stock market is supporting the euro and pound

The effect of weak data from the United States was short-lived, and active rehabilitation of the major stock indexes have now been showing growth, encouraging the bulls on the euro and pound on it once again to check the strength of intra-day highs. Euro / dollar currently holds about $ 1.4890, $ 1.4910 encountering resistance, and dealers report that there is interest in selling up to $ 1.4920. Stops are placed above, continue to beckon buyers, and if they would still be able to break above, under the blow may be a series if Offered at around $ 1.4960. Pound / dollar, meanwhile, is trading near $ 1.6573, a fresh interest in selling noticeable in the region of $ 1.6595/00, while further orders are placed in $ 1.6630/40.