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21 Apr 2014
EUR/GBP slides to 6-week lows, approaches 0.8200
FXStreet (Córdoba) - The EUR/GBP moved in ranges during most of the day, but after Wall Street opening weakened, broke below 0.8217 and fell to 0.8209, reaching the lowest price since March 6.
Price remains at the lows and near 0.8200. Below here, immediate support might lie at 0.8200, 0.8180 and then 0.8155/60 (2014 lows). To the upside resistance levels could lie be located at 0.8225/30 (daily high) and above at 0.8255 and 0.8285.
The Pound is among the best performers so far on Monday and is also rising against the Swiss Franc. The GBP/CHF rose to 1.4865 reaching the strongest level since early March.
Price remains at the lows and near 0.8200. Below here, immediate support might lie at 0.8200, 0.8180 and then 0.8155/60 (2014 lows). To the upside resistance levels could lie be located at 0.8225/30 (daily high) and above at 0.8255 and 0.8285.
The Pound is among the best performers so far on Monday and is also rising against the Swiss Franc. The GBP/CHF rose to 1.4865 reaching the strongest level since early March.