FXstreet.com (Barcelona) - The Euro has reacted with a bearish move after having tested 1.3585 intra-day high and selling pressure has intensified after the release of UK GDP figures, sending the Euro about 150 pips down from intra-day high to levels below 1.3490, with support level at 1.3440 ahead.

Below 1.3440, next support level remains at 1,3415 (intra-week low). Once below there, 1.3330 (Jan 28 high) would be exposed; below here, 1.3175 and 1.3080. On the upside, the Euro could bounce at current levels and test 1.3495 (Mar 26 low) and above here, 1.3535, and intra-day high at 1.3595.