EUR/GBP to EU GDP 0,8450 a little weaker

FXStreet The EUR/GBP maintained its initial upward movement to a High of 0,8475 not expand and so was all of the profits of the trade to the EU GDP in the neutral range.

Currently, the trade does not take place to 0,8445-50, because the Pair for the preliminary GDP Euro zone growth interested, since this corresponded to the expectations.

The Euro zone PPI fell less than expected, as it stood at -0.3%, while 0.1% was expected.

The UK PMI manufacturing was surprisingly good, after the UK PMI manufacturing delivered on Tuesday a decent result, which limits the short-term recovery in the pair.

Important Levels

Supports lie at 0,8420-15, 0,8400 and 0,8370-65. Resistances can be found at 0,8475-80, of 0.85 (psych. Level) and 0,8530.

** FXStreet News Editorial, FXStreet**

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