EUR/GBP has pulled back to the 0.9245 area after reaching the 0.9300 level late in London. The cross finds itself fairy well-correlated with equity markets today and now that there rally has cooled, the EUR/GBP rally has cooled today. Bulls in this cross would like to see a close above the 0.9220 level today, the 50% retracement of the drop from 0.9803 to 0.8639.
Near-term 0.9210 is solid intraday supportwith more at 0.9190.
