EUR/USD, GBP/USD range trade in low volatility and volume
EUR/USD, GBP/USD range trade in low volatility and volume towards the end of the year.
EUR/USD sideways trades in low volume
EUR/USD still range trades in low volatility and volume above the $1.0344 - $1.0333 November and December lows whilst remaining below its early to mid-December lows at $1.0454 - $1.0461.
Further minor resistance can be spotted at the mid-December $1.0534 high.
EUR/USD chart
GBP/USD holds above support
GBP/USD remains above its eight-month $1.2475 low with the early to mid-December lows at $1.2608 - $1.2617 remaining in focus but likely to act as resistance.
A fall through $1.2475 would probably engage the 9 May low at $1.2446 and the 16 April trough at $1.2406 whereas a rise above $1.2617 would have the September to December downtrend line at $1.2642 in its sights.
GBP/USD chart
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