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GBP/USD dips below 1.27 as EUR/GBP eyes 0.8700

The pound is not performing too well right now. The GBP/JPY has fallen back with the GBP/USD and the EUR/GBP is moving to its best levels since November 24, as it edges towards the 0.8700 handle. That has come as the GBP/USD stalls and falls back underneath 1.27 a moment ago. The push higher in the EUR/GBP has also helped to maintain buying interest in place on the EUR/USD. So, the pound is not doing that great right now, but at the same time that is helping to lift the FTSE 100 to above 7,750 this morning. The high seen on the EUR/GBP so far has just now been set at 0.8698. It is currently trading at 0.8696

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