Up from the 200 day moving average yearly the day
Be aware. The key 100 day moving averages being tested in the EURGBP at 0.89402. The high just reached 0.89364.
Earlier today, the pair based near the 200 day moving average at 0.87587 (green line in the chart above). Yesterday the price moved below that level for the first time since May, but could not sustain the momentum and closed back above the MA line (green line in the chart above).
I would expect that sellers would lean against this 100 day level on the first test. However a break should solicit stops.
