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8 Jan 2014
EUR/GBP falls to 1-month lows
FXstreet.com (Córdoba) - The EUR/GBP has extended its decline during the American session to score fresh 1-month lows.
The EUR/GBP extended its decline into a second day Wednesday despite strong Eurozone data and fell to its lowest level in over a month at 0.8254 in recent dealings. At time of writing, the pair continues to trade at daily lows, recording a 0.5% loss on the day.
EUR/GBP technical levels
In terms of technical levels, the EUR/GBP could find immediate supports at 0.8254 (daily low), 0.8251 (Dec 2 low) and 0.8202 (Jan 11 2013 low). On the flip side, resistances are seen at 0.8316 (daily high), 0.8332 (Jan 6 high) and 0.8355 (21-day SMA).
The EUR/GBP extended its decline into a second day Wednesday despite strong Eurozone data and fell to its lowest level in over a month at 0.8254 in recent dealings. At time of writing, the pair continues to trade at daily lows, recording a 0.5% loss on the day.
EUR/GBP technical levels
In terms of technical levels, the EUR/GBP could find immediate supports at 0.8254 (daily low), 0.8251 (Dec 2 low) and 0.8202 (Jan 11 2013 low). On the flip side, resistances are seen at 0.8316 (daily high), 0.8332 (Jan 6 high) and 0.8355 (21-day SMA).