Having finally got rid of the 0.7900 support we’ve made further declines in this pair to 0.7868
These are the areas from which the rally to 0.8037 began and should be respected with further support into 0.7840 behind that, but it feels to me from the price action that we’ll see that level before too long.
The decline is continuing to put a bid under cable but expect rally sellers still into 1.5685-5700
EURGBP Daily 3 Dec
