EUR/GBP Testing 0.9070

The Euro (EUR) is declining against the British Pound (GBP) is down by 0.57% for the day, trading 0.9072, amid the strength of the latter.

The pair opened Monday at the level of 0.9094 after closing last week at 0.9125.

EUR/USD is moving in a range between 0.9025 and 0.9126, mostly in the negative territory.

Recent remarks by the President of the European Central Bank (ECB) suggested that the central bank will carefully assess all incoming information, including developments in the exchange rate with regard to its implications for the medium-term inflation outlook.

Support Levels: 0.9059 – 0.9041 – 0.9014

Resistance Levels: 0.9104 – 0.9131 – 0.9149