1.7070 the low now and bids around here are holding up proceedings for now. Stops are tipped for a break of 1.7050/55. Now look for mild resistance at the 1.7080 level and it’s now likely to be stronger at 1.71.

The move has helped EUR/GBP break above 0.7960 resistance to 0.7980 as EUR/USD holds its own above 1.3600 at 1.3619

EUR/GBP h4 chart 14 07 2014

EUR/GBP h4 chart 14 07 2014

There will be resistance at 0.8000 but 0.8035 is the bigger level to watch