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21 Apr 2014

EUR/GBP slides to 6-week lows, approaches 0.8200

FXStreet (Córdoba) - The EUR/GBP moved in ranges during most of the day, but after Wall Street opening weakened, broke below 0.8217 and fell to 0.8209, reaching the lowest price since March 6.

Price remains at the lows and near 0.8200. Below here, immediate support might lie at 0.8200, 0.8180 and then 0.8155/60 (2014 lows). To the upside resistance levels could lie be located at 0.8225/30 (daily high) and above at 0.8255 and 0.8285.

The Pound is among the best performers so far on Monday and is also rising against the Swiss Franc. The GBP/CHF rose to 1.4865 reaching the strongest level since early March.

Apr 21, 2014

EUR/JPY surrenders daily gains

The EUR/JPY came under pressure and surrendered daily gains as the euro weakened across the board.

USD/JPY treading water around 102.50

The USD/JPY is now trading in a 102.50-102.60 narrow range, a bit lower than overnight peaks just beyond 102.70...