FXstreet.com (Barcelona) - Euro recovery from 1.4805 low on Tuesday was capped on Wednesday's U.S. session at 1.4990; several pips shy of 1.5000 key level, and the pair weakened during Asian session, dropping to 1.4900 low.

At the moment, the Euro trades at 1.4920, with next support level at 1.4900 session low, and below here, 1.4880 and 1.4855 (Nov 18 low). On the upside, resistance levels lie at 1.4935, and above here, 1.4990/00 area (Nov 17 and 18 high) and 1.5015/20 (Nov 12 and 16 high).

EUR/GBP rally from Nov 17 low at 0.8835 was capped on Wednesday at 0.8950, and the pair has eased during Asian session to 0.8920 low. Below here, next support levels lie at 0.8900 and 0.8875/80. On the upside, resistance levels are 0.8950 and 0.8980.

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