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11 Jun 2013
EUR/GBP eases off highs to 0.8527/29
FXstreet.com (New York) - The EUR/GBP foreign exchange eased off its intraday highs (0.8554) recently, retracing some of its gains during US trading.
EUR/GBP neutrality persists
According to the Technical Analyst Team at ICN.com, “The EUR/GBP pair has been trading in a slight upside bias since this morning, so we keep our neutral expectations intraday.”
EUR/GBP weakness permeating US trading
Presently, the pair is trading at 0.8527/29, advancing at a rate of +0.15% above its opening Tuesday during US trading. “The latest EUR/GBP weakness is approaching support at 0.8475, a break below this would open 0.8421 and then 0.8398. Resistance is at 0.8527 ahead of 0.8607, suggesting a neutral intraday outlook.” notes Gareth Berry, a Research Analyst at UBS.
EUR/GBP neutrality persists
According to the Technical Analyst Team at ICN.com, “The EUR/GBP pair has been trading in a slight upside bias since this morning, so we keep our neutral expectations intraday.”
EUR/GBP weakness permeating US trading
Presently, the pair is trading at 0.8527/29, advancing at a rate of +0.15% above its opening Tuesday during US trading. “The latest EUR/GBP weakness is approaching support at 0.8475, a break below this would open 0.8421 and then 0.8398. Resistance is at 0.8527 ahead of 0.8607, suggesting a neutral intraday outlook.” notes Gareth Berry, a Research Analyst at UBS.