FXstreet.com (Barcelona) - The Euro remains trading in a range from 1.4940 to 1.5050, consolidating since rally from 1.4815 low on Friday topped on Monday at 1.5020. During Asian session, the Euro has moved from 1.4980 to 1.5015, after rebound from 1.4950 low on Wednesday.
Initial resistance, at the moment, lies at 1.5015 intra-day high, and above here, 1.5050/60 (Nov 11 high/Oct 26 high) and 1.5090/00. On the downside, initial resistance comes at 1.4975/80 (session low), and below here, 1.4950 (Nov 11 low) and 1.4935 (Nov 10 low).
EUR/GBP is rallying at a strong pace, and upleg from 0.8895 low on Monday has reached resistance area at 0.9060/70 on Asian session (Oct 22/Nov 2 high), which so far remains intact, as the Euro trades around 0.9050. Resistance levels are 0.9060/70 and 0.9110. Support levels lie at 0.9025 and 0.8990/00.