EUR/GBP trades at session lows after several rounds of sales today. There has been unconfirmed chatter that the sales are linked with a fund raising from one of the UK clearing banks.
Prices are just clearing below the 50% retracement of the 0.8975/0.9155 rally at 0.9065. Support comes in on the hourly charts at 0.9058 below which the 61.8% retracement comes into play at 0.9144.
EUR/USD is being knocked down by the EUR/GBP sales and trades now at 1.5092.
