EUR/USD, EUR/GBP and GBP/USD stall after week of gains
EUR/USD advance stalls
EUR/USD remains side-lined below its $1.1201-to-$1.1214 August and current September highs.
A rise above Wednesday's high at $1.1214 would put the July 2023 peak at $1.1275 on the cards.
Support sits between Monday's low at $1.1084 and the August-to-September tentative uptrend line at $1.109.
Source: TradingView.com Source: TradingView.comEUR/GBP range trades
EUR/GBP still hovers above its near 2 1/2 year low at £0.8318, made marginally above its 21 March 2022 low at £0.8296 which may still be reached at some stage.
Together with the £0.8285 January 2022 low and the £0.8277 December 2019 low it represents significant support.
Previous support at £0.8378-73, because of inverse polarity, should acts as resistance.
Source: TradingView.com Source: TradingView.comGBP/USD rise stalls
GBP/USD remains side-lined around its $1.3412 September 2022 low around which it ran out of steam, as expected.
Were it to be overcome, the $1.3515 December 2019 peak would be eyed next, though.
Support remains to be seen at the $1.3267 August hig
Source: TradingView.com Source: TradingView.com