Forex: EUR/GBP settles around 0.8000 (Córdoba) - The euro rose against the pound on Monday given the broad weakness seen in the GBP, and reached a 5-day high of 0.8018 at the beginning of the New York session. However, the pair lost momentum during the afternoon trade and slid back to the 0.8000 area, where it has spent the last hours in quiet consolidation.

At time of writing, EUR/GBP is trading at the 0.8005 zone, still up 0.2% on the day. In terms of technical levels, immediate resistances are seen at 0.8030, 0.8055 and 0.8075, while on the downside supports could be found at 0.7990, 0.7970 and 0.7960.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.