EUR/GBP’s taken the brunt this morning off around 40 pips since the early session highs around 0.8031., which makes a bit of a change.
The cross is back up the psychological 0.8000 level but bounces look a bit ‘dead cat-like ‘ at the moment. There’s murmurs now of sell stops in place through 0.7990 and talk of some barriers looming below there at 0.7950 and 0.7900.
Meanwhile GBP/USD’s jjst off day’s highs around 1.5650