Euro hits multi-day lows versus dollar, pound and Swiss franc. Pound continues to recover after last week sell-off. The EUR/GBP is falling for the third consecutive day in a row. From the last week high it has fallen almost two hundred pips making an important reversal. Recently it bottomed at 0.9094, the lowest since last Thursday. Economic data from the UK released earlier on Wednesday showed higher than expected CPI numbers but it was not the catalyst for the slide of EUR/GBP. The euro weakened on the back of speculations about the need for more stimulus from the European Central Bank. On the contrary, the pound is again among the top performers of the currency market supported by risk appetite and mainly by some sings that the United Kingdom government could soften its internal market legislation. Still, tensions between the UK and the Europe Unions are in place. Market participants now turn their attention to the FOMC meeting. The Federal Reserve will announce its decision that could trigger market volatility. Technical levels The immediate support in EUR/UGBP is the 0.9100 level: a consolidation below would suggest more weakness ahead while the next support strand at 0.9065. On the upside, resistance levels might be seen at 0.9170 followed by 0.9205/10. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: : No significant disinflation for now – NFB FX Street 2 years Euro hits multi-day lows versus dollar, pound and Swiss franc. Pound continues to recover after last week sell-off. The EUR/GBP is falling for the third consecutive day in a row. From the last week high it has fallen almost two hundred pips making an important reversal. Recently it bottomed at 0.9094, the lowest since last Thursday. Economic data from the UK released earlier on Wednesday showed higher than expected CPI numbers but it was not the catalyst for the slide of EUR/GBP. The euro weakened on the back of speculations about the need for more stimulus from the European Central… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.