FXstreet.com (Barcelona) - Euro retreat from last Friday's 1.4635, 2009 high, has reached levels below 1.4550 during Monday's Asian session as the pair trades around 1.4520 at the time of writing; 0.52% below its day opening price.

Initial support level at this moment, lies at 1.4500 (Sept 10 low), and below here, 1.4465 (Sept 9 low) and 1.4415. On the upside, resistance levels lie at 1.4560, and above here, session high at 1.4600 and 1.4635 (Sept 11 high).

EUR/GBP decline from 0.8830 high on Thursday, found support at 0.8722 last Friday and recovery from the mentioned low has extended on Monday's Asian session, with the Euro reaching levels above 0.8760 to test resistance at 0.8765/70, where the 100 hr SMA lies. Resistance levels above here are 0.8800 and 0.8820. Support levels are 0.8725 and 0.8680.

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