Both smacked through their respective big figures.
Cable hits stops through 1.6900 to 1.6881 and the euro dived form 1.3810 to 1.3792 but no stops hit though 1.38 just yet.
There’s a band of support around 1.3780/90 and then the late April low at 1.3769 which bounced off the broken 2008 resistance line.
EUR/USD h4 chart 09 05 2014
GBP/USD has made mincemeat of support at 1.6890 and trades down to 1.6870 with the next support point at the 100 h4 ma at 1.6850.
GBP/USD h4 chart 09 05 2014
