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10 Dec 2014
EUR/GBP flat around 0.7900
FXStreet (Córdoba) - EUR/GBP is moving sideways on Wednesday, on a quiet day. The pair peaked at 0.7910 but then turned to the downside and hit a fresh daily low at 0.7883. Afterwards bounced back to the 0.7900 area.
Currently trades at 0.7896, at the the same level it closed yesterday and last week.
EUR/GBP levels to watch
The key level to the upside on a wider perspective continues to lie between 0.8030 and 0.8050. The area limited the upside since June and a break higher could trigger a rally of the euro.
On the opposite direction, the pound has been unable to make a close below 0.7800; if happens 2014 lows would be exposed.
Currently trades at 0.7896, at the the same level it closed yesterday and last week.
EUR/GBP levels to watch
The key level to the upside on a wider perspective continues to lie between 0.8030 and 0.8050. The area limited the upside since June and a break higher could trigger a rally of the euro.
On the opposite direction, the pound has been unable to make a close below 0.7800; if happens 2014 lows would be exposed.