FXstreet.com (Barcelona) - The Euro has continued advancing on Asian session, and its rally from 1.4675 low on Monday has extended on Wednesday's Asian session to levels right below 1.4900, 14-month high, which is being tested at the moment.

The Euro lies, right now immediately below 1.4900/05 (Aug 21 08 high), and in case of further rally, next resistance levels could be located at 1.4920/30, and 1.4980 (Aug 13 08 high). On the downside, support levels lie at 1.4840 (Session low), and below here, 1.4790/00 and 1.4755 (Oct 13 low).

EUR/GBP rally reached on Tuesday a fresh 6-month high at 0.9411, several pips shy of 0.94.20 (Mar 27 high), and the pair declined to 0.9312 session low. Next support levels lie at 0.9300 and 0.9275. Resistance levels are 0.9325 and 0.9360.