FXstreet.com (Barcelona) - The Euro remains trading above 1.4800 after having reached a fresh 12-month high at 1.4843 on early Asian session. At the moment the Euro trades at 1.4810.
The Euro has rallied from 1.4610 low on Monday, and the pair has entered overbought levels on daily and 4 hour charts. Resistance levels lie at 1.4843 intra-day high, and above here, 1.4865 (Sept 22 08 high) and 1.4890/05 area (Projection/ Aug 21 08 high). Support levels lie at 1.4750/65, and below here, 1.4725 and 1.4700.
EUR/GBP rally from 0.8720 low on September 11 has capped at 0.8090 area and the pair has eased to levels below 0.9050 during Asian session. Support levels lie at 0.9020 and 0.8990. Resistance levels are 0.9080 and 0.9125.