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EUR/GBP testing the 0.80 handle

FXStreet (Guatemala) - Currently, EUR/GBP is trading at 0.7992, up 0.63% on the day, having posted a daily high at 0.8002 and low at 0.7934.

EUR/GBP has been onsite of the 0.80 handle meeting territory of last month with a heavy bid in union across the desk throughout global markets at the closing of the week's business. The Euro took flight and sees to resistance with ease. Sterling will now be an interesting play given recent developments and the 0.8000 brings in the psychological resistance that should be closely monitored.

EUR/GBP noteworthy levels

Current price is 0.7993, with resistance ahead at 0.8002 (Daily High), 0.8016 (Monthly High), 0.8037 (Daily Classic R3), 0.8060 (Daily 200 SMA) and 0.8398 (YTD High). Next support to the downside can be found at 0.7992 (Daily Classic R2), 0.7967 (Daily Classic R1), 0.7950 (Hourly 20 EMA), 0.7948 (Yesterday's High) and 0.7943 (Daily Open).

EUR/JPY main tans form on the bid

EUR/JPY is trading at 145.59, up 0.78% on the day, having posted a daily high at 145.87 and low at 144.31.
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