18 Nov 2014
EUR/GBP reaches fresh highs above 0.8000
FXStreet (Córdoba) - EUR/GBP managed to extend gains and printed fresh 1-month highs above the 0.80 mark, as the euro gathers pace across the board.
EUR/GBP climbed to its highest level since Oct 16 at 0.8018 before easing a tad. At time of writing, the pair is trading at 0.8005, recording a 0.62% gain on the day, with immediate resistances at 0.8045 (Oct 15 high), 0.8066 (Sept 10 high) and 0.8100 (psychological level).
On the other hand, supports are seen at 0.7955 (Nov 18 low), 0.7935 (Nov 17 low) and 0.7916 (100-day SMA).
EUR/GBP climbed to its highest level since Oct 16 at 0.8018 before easing a tad. At time of writing, the pair is trading at 0.8005, recording a 0.62% gain on the day, with immediate resistances at 0.8045 (Oct 15 high), 0.8066 (Sept 10 high) and 0.8100 (psychological level).
On the other hand, supports are seen at 0.7955 (Nov 18 low), 0.7935 (Nov 17 low) and 0.7916 (100-day SMA).