Euro, British Pound Still Confined to Ranges With Little Data Due Out Through End of

The euro and British pound ended Thursday mostly higher, but there was little in the way of economic data on hand.

          For what it’s worth, many of the US dollar pairs remain range bound, including EURUSD and GBPUSD, and until we see a directional move in the greenback, range conditions should remain. Key resistance levels to watch for EURUSD include 1.4150 (immediate resistance) and 1.4325 (June 2 highs), while major support looms at 1.3885 (rising trendline) and 1.3750 (June 16 lows). Meanwhile, GBPUSD is a bit more clear-cut, as heavy resistance looms at 1.6625 and support rests at 1.6000.

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