FXStreet — The increasing risk appetite on Friday with an upward and downward movement of the EUR/GBP hand-in-hand.
EUR/GBP found support in the vicinity of the 0,8520
The European Couple of shows this week, an unpredictable Performance, while the risk varies mood and the Sterling is unusually volatile.
The GBP moved in a Range, after the UK retail sales yesterday were very well down, so that the decline in the previous month, it was balanced.
To expect us today, the current account of the Euro area for the month of March and the consumer confidence from the European Commission, as well as the ECB member Speeches V. Constancio and P. Praet, while it is from the UK, no data.
EUR/GBP technical levels
Currently, the daily loss -0,07% 0,8579 and the next Resistances is at 0,8557 (100-day SMA), 0,8549 (55-day SMA) and 0,8521 (Tief 18. May). On the other hand, Resistances at 0,8597 (200-day SMA), 0,8613 (High 18. May) and 0,8618 (High-17. May).
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