Stops have been triggered above .8800 in EUR/GBP and dealers report some AUD/GBP buying as political events in the UK strip the pound of it’s bullish sentiment. The next major technical target for EUR/GBP is the 38.2% retracement at .8925.
After the massive moves from yesterday (up 70, down 110, up 190), EUR/GBP is unlikely to go anywhere in a straight line.
