EUR/GBP is showing some resilience as the laggards of 2013 spar.
A few hours ago, the pair tested the 55-day moving average and the uptrend since November. There is an 0.8115 expiration at the top of the hour so any large move probably won’t come until afterwards.
The euro and pound have been moving in lockstep but a break on this chart or EUR/USD could spark cascading losses.
