21 Aug 2013
EUR/GBP reverses daily gains
FXstreet.com (Córdoba) - The EUR/GBP has already reversed yesterday gains, falling back to the 0.8520 zone after being rejected from a 1-week high of 0.8577 during the Asian session.
GBP outperforms
The GBP remains among the best performers on Wednesday, having reached a fresh 2-month peak versus the greenback, advanced versus the yen and erased losses against the euro. At time of writing, EUR/GBP is trading at the 0.8520/25 zone, where it is virtually unchanged since opening.
EUR/GBP technical levels
In terms of technical levels, EUR/GBP could find immediate support levels at 0.8500 (psychological level) and 0.8460 (200-day SMA), while resistances are now seen at 0.8545 (100-day SMA) and 0.8577 (daily high).
GBP outperforms
The GBP remains among the best performers on Wednesday, having reached a fresh 2-month peak versus the greenback, advanced versus the yen and erased losses against the euro. At time of writing, EUR/GBP is trading at the 0.8520/25 zone, where it is virtually unchanged since opening.
EUR/GBP technical levels
In terms of technical levels, EUR/GBP could find immediate support levels at 0.8500 (psychological level) and 0.8460 (200-day SMA), while resistances are now seen at 0.8545 (100-day SMA) and 0.8577 (daily high).