Forex: EUR/GBP erases intraday losses

January 09, 2013 | Filed Under »
Forex pairs in this Article » EUR/GBP
FXstreet.com (Córdoba) - Following a consolidation phase that took place over the last sessions, the euro weakened during the European trade and fell to a low of 0.8132 against the pound, but found support and bounced.

EURGBP managed to erase its intraday losses and turned positive in recent dealings, reaching a fresh daily high of 0.8156. At time of writing, the cross is quoting at the 0.8148/50 zone, slightly above its opening price.

As for technical levels, on the upside the pair might find next resistances at 0.8155, 0.8170 and 0.8185, while supports are seen at 0.8130, 0.8115 and 0.8095.
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