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EUR/GBP: suspension in action instead of the resolution of the problem on 03.06.2015

This trading week the European currency has been significantly strengthening against the Pound. On Monday, the pair was traded in the narrow channel and finally consolidated at the level of 0.7200. Investors were waiting for the resolution of the Greek issue. On Tuesday the European currency sharply went up, as it was clear that Greece came to an agreement with EU in terms of the extension of the aid program. Due to thus news, the demand for Euro has increased; however, it is not clear yet if positive forecasts are relevant. 

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