FXstreet.com (Barcelona) - Having made a high this morning at 0.8010, EUR/GBP has traded in a range throughout the European and into the US session.
A soft economic calendar has failed to hold an impact on price today and ushered in a generally neutral risk sentiment across markets today. Only US Consumer Credit remains on the schedule this afternoon but price looks unlikely to react to the event. The team at ICN.com see 0.8005 as a key level for price to find support above if they are to believe that a bullish move has some sentiment but also believe that stability above 0.7965 is a bullish sign.
Equities are moving off their lows and showing signs of rallying into the European close and commodities remain mixed.
A soft economic calendar has failed to hold an impact on price today and ushered in a generally neutral risk sentiment across markets today. Only US Consumer Credit remains on the schedule this afternoon but price looks unlikely to react to the event. The team at ICN.com see 0.8005 as a key level for price to find support above if they are to believe that a bullish move has some sentiment but also believe that stability above 0.7965 is a bullish sign.
Equities are moving off their lows and showing signs of rallying into the European close and commodities remain mixed.
