EUR/USD dipped 0.10% to 1.0801, easing from Friday’s one-week highs of 1.0848.Athens is no closer to reaching an agreement with its euro zone partners and the International Monetary Fund over economic reforms required to access remaining bailout funds, fueling fears that Greece could be forced out of the euro zone. The euro slipped lower on Monday as concerns over the lack of an agreement on economic reforms for bailout funds between Greece and its creditors weighed. The dollar remained broadly weaker after a recent run of soft economic data saw investors push back expectations for higher U.S. interest rates. The consumer price index edged up 0.2% last month, matching a similar gain in February. On a year-over-year basis, consumer prices dipped 0.1% in March after remaining flat in February.
RECOMMENDATION :
BUY GBPUSD ABOVE 1.4920 TARGET 1.4940 1.4970 SL 1.4890
SELL GBPUSD BELOW 1.4870 TARGET 1.4850 1.4820 SL 1.4900
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