FXstreet.com (Barcelona) - Euro decline from 1.5060 year to date high, bottomed on Thursday at 1.4680 and the Euro bounced, cheered by good news from the U.S, up to 1.4850 area and has remained consolidation between there and 1.4820 during Asian session.

At the moment, the Euro moves at 1.4830, right above initial support at 1.4800/20 area. Below here, next support levels lie at 1.4755/70 (Oct 27 low) and 1.4700/20. On the upside, resistance levels lie at 1.4850/60 (intra-day high), and above here, 1.4875 and 1.4925 (Oct 27 high).

EUR/GBP decline from 0.9240 week high reached a fresh six-week low at 0.8910 and post-GDP bound was limited to 0.8975 level which has rejected the par twice. At the moment, the Euro drops at session lows below 0.8950. Support levels lie at 0.8925 and 0.8895. Resistance levels are 0.8975 and 0.8995.

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