10:08, 21 May
Today manufacturing data will be released from U.K. side while Philadelphia Fed PMI and manufacturing PMI figures will be announced on U.S. side. We think that these data will be important for the pair.
The pair had returned from 1.23 resistance level. We still think that any up movements can give a selling opportunities.
Resistance levels: 1.2220 – 1.2240 – 1.2300
Support levels: 1.2180 – 1.2165 – 1.2130