Forex: EUR/GBP struggling to maintain above 0.8100

FXstreet.com (Barcelona) - EURGBP is currently at 0.8099 off fresh session lows at 0.8094, as EURUSD has massively went down to session lows at 1.3122, coming all the way from yesterday's highs at 1.3300, while Cable has also come all the way down from yesterday's highs at 1.64 to recent session lows at 1.6200, last at 1.6223. The cross is down -0.32% for the year so far.

For the London session ahead focus for Pound will be on UK Nationwide House Prices at 07:00 GMT, followed by UK Construction PMI and BoE credit conditions survey at 09:30 GMT, and possible Halifax starting today till next day 10. For the Euro side, Germany will release the unemployment change at 08:55 GMT, followed by EU M3 money supply at 09:00 GMT. Then at 13:15 GMT will come US ADP Non-Farm employment change, and US unemployment claims at 13:30 GMT.

Immediate support to the downside for EURGBP lies at recent session lows 0.8094, followed by Nov 15 highs at 0.8065, and Dec 10 lows/200 day SMA at 0.8035. To the upside, closest resistance shows at recent session highs 0.8118, followed by yesterday's highs at 0.8155, and Friday's lows at 0.8165.