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12 Dec 2014
EUR/GBP rises back above 0.7900
FXStreet (Córdoba) - EUR/GBP bounced sharply to the upside after reaching a daily low at 0.7872 and jumped back above 0.7900. A stronger euro pushed the pair to 0.7929.
Currently trades at 0.7924, up 0.55% for the day so far and is erasing yesterday's losses and back to positive territory for the week.
EUR/GBP technical levels
To the upside, immediate resistance lies at 0.7930 and above here at 0.7950/55 (weekly high) and 0.7975 (Dec 01 high). On the opposite direction support might lie at 0.7890 (intraday level), 0.7870 (daily low) and 0.7840/45 (Dec 08 low).
Currently trades at 0.7924, up 0.55% for the day so far and is erasing yesterday's losses and back to positive territory for the week.
EUR/GBP technical levels
To the upside, immediate resistance lies at 0.7930 and above here at 0.7950/55 (weekly high) and 0.7975 (Dec 01 high). On the opposite direction support might lie at 0.7890 (intraday level), 0.7870 (daily low) and 0.7840/45 (Dec 08 low).