Forex: EUR/USD indifferent after German Q3 GDP

FXstreet.com (Barcelona) - The cross has remained almost indifferent after the German GDP figures during the third quarter have shown that the economic activity grew 0.2% QoQ and 0.4% over the last twelve months. Both prints match forecasts, although they are a hair lower than Q2's.

Next on tap will be a measure of the French Business Climate ahead of the German IFO series.

At the moment the cross is up 0.06% at 12893 with the next hurdle at 1.2909 (MA55d) followed by 1.2950 (high Nov.2) and then 1.2983 (high Nov.1).
On the flip side, a breakdown of 1.2827 (MA21d) would bring 1.2730 (low Nov.19) and then 1.2691 (low Nov.16).