Euro Sterling today 15th Jan 2015

EUR/GBP bottomed after the SNB announcement at 0.7621 and then rebounded but it failed to hold above 0.7700 and moved back toward the lows.

Currently trades at 0.7650, down more than 1%, having the worst daily performance in a month and about to post the seventh consecutive decline as the euro remains under pressure in the market. EUR/GBP technical levels To the downside immediate support lies at 0.7620/25 (daily low) and below here at 0.7600 (psychological level). On the upside, resistance might be located at 0.7665 (intraday level) and above at 0.7705 and 0.7745 (daily high).

#euro #euros #gbp