Forex: EUR/GBP finds resistance at 0.8820

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FXstreet.com (Barcelona) - After sliding down to an intraday low at 0.8787 within the last 2 hours, the EUR/GBP has since rebounded and found resistance at 0.8820. The pair is now on the way back down, currently trading at 0.8808 which is just about even on the day.

The EUR/GBP reached an intraday high of 0.8843 this morning before reversing course and bottoming out under 0.8800. The next support levels are listed at 0.8791 and 0.8769. On the upside, the next resistance levels are quoted at 0.8825 and 0.8847.

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