EUR/GBP remains, defying strong UK PMI on 0,87

FXStreet – The British pound remained unchanged as against the common currency, the weak, and so listed, the EUR/GBP on the day high in the vicinity of the 0,8720, after the good UK PMI construction released.

The final Markit UK construction PMI provided 56.0 a surprisingly good result, while at the same time the 17-month high was reached.

The sentiment towards the common currency is slightly positive and this helps to reverse the Pair to the decline from the 2.5-month high.

Important Levels

Resistances lie at 0,8750, 0,8770-75 and 0.8800. On the other hand, supports are located under 00,8700, 0,8685 (yesterday’s Low) and 0,8660-55.

** FXStreet News Editorial, FXStreet**

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