Forex: EUR/GBP finds support at 0.8920 and rises above 0.8950 after ADP

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FXstreet.com (Córdoba) – The Euro gained strength after the release of the ADP employment report. EUR/GBP fell to 0.8917 early in the European session, posting the lowest price since last Thursday. The pair found support at the 0.8920 zone and regained the upside. After the ADP report the Euro jumped to levels above 0.8950. Currently the pair trades at 0.8950/53, 0.07% below today’s opening price.

On the upside the next resistance lies at 0.8970 (intra-day high) and above at 0.9000 and 0.9065/70.

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