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Forex pairs in this Article » EUR/GBP (Barcelona) - The EUR/GBP is still battling to hold up above important short-term support at 0.8329. Data during the European session could spurn a sizable move in either direction.

EUR/GBP traders await British and German data

Over the next several hours, British Housing Prices and German Retail Sales will be released and may give hungry EUR/GBP traders an opportunity for a little price movement during an otherwise very quiet holiday Monday session.

Technical outlook for EUR/GBP

Technicians say the EUR/GBP is barely holding onto short-term support at 0.8329. Additional support comes into play at the 11/7 low of 0.8299. Resistance for the cross comes in at last week’s high of 0.8391 and then the 12/17 high of 0.8465.
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