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Notícias de trading
24 Apr 2015
EUR/GBP in narrow range near 0.7180
FXStreet (Edinburgh) - EUR/GBP is posting marginal losses at the end of the week, keeping the tight range in the upper-0.7100s.
EUR/GBP supported at 0.7120
The upbeat tone in both the euro and the sterling on Thursday allowed the European cross to almost fully retrace Wednesday’s deep pullback, rebounding from lows in the 1.0715/10 band.
The Eurogroup meeting will be the main event today, with the Greece debt negotiation taking centre stage. In addition, the German IFO indicator will also be published, with market consensus expecting a generalized improvement in all of its components.
EUR/GBP important levels
As of writing the cross is losing 0.12% at 0.7181 and a drop below 0.7118 (low Apr.23) would aim for 0.7102 (76.4% of 0.7015-0.7385) and then 0.7093 (low Mar.16). On the other side, the immediate up-barrier lies at 0.7200 (10-d MA) followed by 0.7206 (high Apr.22) and finally 0.7210 (high Apr.21).
EUR/GBP supported at 0.7120
The upbeat tone in both the euro and the sterling on Thursday allowed the European cross to almost fully retrace Wednesday’s deep pullback, rebounding from lows in the 1.0715/10 band.
The Eurogroup meeting will be the main event today, with the Greece debt negotiation taking centre stage. In addition, the German IFO indicator will also be published, with market consensus expecting a generalized improvement in all of its components.
EUR/GBP important levels
As of writing the cross is losing 0.12% at 0.7181 and a drop below 0.7118 (low Apr.23) would aim for 0.7102 (76.4% of 0.7015-0.7385) and then 0.7093 (low Mar.16). On the other side, the immediate up-barrier lies at 0.7200 (10-d MA) followed by 0.7206 (high Apr.22) and finally 0.7210 (high Apr.21).