Forex: EUR/GBP offered around 0.8050
Forex pairs in this Article »
EUR/GBP
FXstreet.com (Barcelona) - The pair remains in red, although recovering terrain backed on the good performances of both the euro and the sterling against the greenback on Tuesday.
With France's downgrade in the rear mirror, the EU finance ministers' meeting would be key for euro traders and risk appetite. On the other side, the pound is just following its counterpart, as GBP lacks a docket of its own.
At the moment, EURGBP is losing 0.16% at 0.8043 with the next support lying at 0.8018 (MA10d) followed by 0.8016 (low Nov.19) and then 0.8010 (low Nov.16).
On the upside, a break above 0.8075 (high Oct.31) would allow 0.8077 (MA200d) and finally 0.8098 (high Oct.25).
With France's downgrade in the rear mirror, the EU finance ministers' meeting would be key for euro traders and risk appetite. On the other side, the pound is just following its counterpart, as GBP lacks a docket of its own.
At the moment, EURGBP is losing 0.16% at 0.8043 with the next support lying at 0.8018 (MA10d) followed by 0.8016 (low Nov.19) and then 0.8010 (low Nov.16).
On the upside, a break above 0.8075 (high Oct.31) would allow 0.8077 (MA200d) and finally 0.8098 (high Oct.25).
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