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Forex pairs in this Article » EUR/GBP
FXstreet.com (Barcelona) - The EUR/GBP foreign exchange cross rate is last trading at 0.8572, totally flat since NY close, and slightly in the positive for the week, after a weekly wide trading range 0.8481/0.8633.

EUR/GBP balanced out from BoE and ECB dovishness

The cross managed to bounce from Wednesday's weekly lows printed at 0.8480 on the back of strong UK services PMI data, reaching as high as yesterday's weekly highs at 0.8633 after dovish comments from new BoE governor Carney. Later on ECB Draghi talking down the Euro made the cross to ease and stabilize around recent quotes.

EUR/GBP key technical levels

Immediate support to the downside for EUR/GBP lies at June 27 highs 0.8562, followed by Tuesday's lows at 0.8553, and Monday's lows at 0.8548. To the upside, closest resistance shows at recent session highs at 0.8589, followed by Tuesday's highs at 0.8594, and yesterday's weekly highs at 0.8633.
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