EUR/USD, GBP/USD remain bid while EUR/GBP stays under pressure
EUR/USD, GBP/USD remain bid while EUR/GBP stays under pressure as the greenback depreciates further in one-year lows.
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![EUR/USD chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/images/charts/2024/08/27/EURUSD_2024-08-27_06-17-13.png/jcr:content/renditions/original-size.webp)
GBP/USD pushes higher still
GBP/USD is now trading above its July 2023 peak at $1.3143 whilst having the $1.3273-99 February 2022 low and March 2022 high in its sights.
The July 2023 high at $1.3143 may now act as support ahead of the $1.3045 July high.
![GBP/USD chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/images/charts/2024/08/27/GBPUSD_2024-08-27_06-22-40.png/jcr:content/renditions/original-size.webp)
EUR/GBP might soon find support
EUR/GBP continues to trade around the 55-day simple moving average (SMA) at £0.847, around which it may still find support.
Minor resistance is now seen at the 19 August £0.8509 low ahead of the 200-day SMA at £0.8542.
![EUR/GBP chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/images/charts/2024/08/27/EURGBP_2024-08-27_06-18-49.png/jcr:content/renditions/original-size.webp)
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