15 Oct 2013
EUR/GBP modestly lower ahead of heavy data flow Tuesday
FXstreet.com (Barcelona) - The EUR/GBP cross is seeing a continuation of the minor pause in the recent upside action as traders await European and British news flow.
EUR/GBP traders ready for important data from Britain and the EU
In just a few hours, EUR/GBP traders will get to trade off of German Import Prices, German and EuroZone Economic Sentiment, British inflation data and British retail prices.
Technical outlook for EUR/GBP
Technicians say the EUR/GBP cross is on a track to test projected resistance at 0.8538. Short-term support comes into play at Friday’s low of 0.8460 and is backed up by the 10/8 low of 0.8423.
EUR/GBP traders ready for important data from Britain and the EU
In just a few hours, EUR/GBP traders will get to trade off of German Import Prices, German and EuroZone Economic Sentiment, British inflation data and British retail prices.
Technical outlook for EUR/GBP
Technicians say the EUR/GBP cross is on a track to test projected resistance at 0.8538. Short-term support comes into play at Friday’s low of 0.8460 and is backed up by the 10/8 low of 0.8423.