4 Dec 2013
EUR/GBP hovering around 0.8300
FXstreet.com (Córdoba) - The EUR/GBP spiked to a weekly high during the European session as the pound weakened on the back of disappointing UK services PMI.
The EUR/GBP jumped to a high of 0.8318 after the data but lacked follow-through and settled in a range over the last hours. At time of writing, the EUR/GBP is trading at the 0.8300 zone, still up 0.1% on the day.
EUR/GBP technical levels
As for technical levels, the EUR/GBP could find next resistances at 0.8318 (daily high) and 0.8344 (Nov 29 high), while supports are seen at 0.8280 (daily low) and 0.8260 (Dec 3 low).
The EUR/GBP jumped to a high of 0.8318 after the data but lacked follow-through and settled in a range over the last hours. At time of writing, the EUR/GBP is trading at the 0.8300 zone, still up 0.1% on the day.
EUR/GBP technical levels
As for technical levels, the EUR/GBP could find next resistances at 0.8318 (daily high) and 0.8344 (Nov 29 high), while supports are seen at 0.8280 (daily low) and 0.8260 (Dec 3 low).