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EUR/GBP finds resistance at 0.8565

FXstreet.com (Córdoba) - The shared currency has managed to accomplish slight gains versus the pound on Monday despite the low volume and lack of interest. EUR/GBP bounced from the 100-hour SMA around 0.8538 during the European session and climbed to a high of 0.8565 before finding resistance.

At time of writing, EUR/GBP is trading at the 0.8560 zone, where it prints a 0.2% gain on the day, with next resistances seen at 0.8570 (high May 23) and 0.8595 (high May 24). On the downside, supports could be faced at 0.8545 (100-hour SMA) and 0.8533 (lows May 24 and 27).

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