FXstreet.com (Córdoba) - The setback of the euro versus the pound seen during the last sessions found support at 0.8028, after EUR/GBP gave up nearly 70 pips from yesterday's peak of 0.8097.
EUR/GBP bounced from the 0.8030 area during the New York session and reached a fresh daily high of 0.8052 before stalling. At time of writing, the cross is quoting at the 0.8045/50 area, where it is virtually unchanged since opening.
As for technical levels, immediate resistance is seen at 0.8057 where the 100-hour SMA lies, followed by the 0.8100/10 area where a double top seems to be developing in daily charts. On the downside, supports could be found at 0.8030, 0.8000 and 0.7960.
EUR/GBP bounced from the 0.8030 area during the New York session and reached a fresh daily high of 0.8052 before stalling. At time of writing, the cross is quoting at the 0.8045/50 area, where it is virtually unchanged since opening.
As for technical levels, immediate resistance is seen at 0.8057 where the 100-hour SMA lies, followed by the 0.8100/10 area where a double top seems to be developing in daily charts. On the downside, supports could be found at 0.8030, 0.8000 and 0.7960.
