Forex: EUR/GBP hovering around 0.8100

FXstreet.com (Barcelona) - EURGBP managed to stay above 0.8100 following massive down fall in EURUSD printing fresh 3-week lows at 0.8085, bouncing from there as Cable was having a harder time than EURUSD, and now trades around 0.8113 at session highs. The cross is still 12 pips lower for year 2013 so far.

With UK services PMI at 09:30 GMT as main risk event for the London session ahead in the Pound front, all eyes will be on the US NFP figure later on at 13:30 GMT, which, given current positive correlation between GBP and EUR, could not affect that much to the cross.

Immediate resistance to the upside for EURGBP shows at yesterday's highs 0.8121, followed by Wednesday's highs at 0.8156, and past Friday's Dec 28 lows at 0.8166. To the downside, closest support lies at recent session/Monday's lows 0.8102/0.8099, followed by yesterday's lows at 0.8085, and Nov 15 highs at 0.8065.