EUR/GBP holds slightly below 0.8000

FXStreet (Córdoba) - >EUR/GBP climbed to 0.8001 reaching the highest price in a month during the Asian session but quickly pulled back. The pair is consolidating near 0.8000, after having last week the best performance in a more than a year.

The euro is testing an important psychological resistance level, around 0.8000; above here the next resistance lies at 0.8030 and above at 0.8045/55 (October highs). Currently trades at 0.7989, at the same price it closed yesterday.

To the downside immediate support might lie at 0.7980/75 (daily low) followed by 0.7955 and 0.7930/35 (November 14 low).