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Forex pairs in this Article » EUR/GBP
FXStreet (Moscow) - EUR/GBP is sliding a bit to 0.8214 from the opening levels around 0.82.

German data may become a barrier

Today we may see further slide down below 0.82 level given the looming euro zone CPI data. High chances of weaker than expected numbers are rooted in lower German inflation we saw yesterday. If the market disappoints, wait for new wave of selling with initial target at 0.8185 support level.

What are today’s key EUR/GBP levels?

Today's central pivot point can be found at 0.8213 with support below at 0.8201, 0.8185 and 0.8173, with resistance above at 0.8229, 0.8241, and 0.8257. Hourly Moving Averages are largely bearish, with the 200SMA bearish at 0.8232 and the daily 20EMA flat at 0.8246. Hourly RSI is neutral at 46.
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