From highs of 0.8385 earlier weve just collapsed to 0.8335.
Comments that Gerry mentioned in a previous note sparked the move and since then i’m getting reports of all and sundry selling EUR/USD which is heaping pressure on the cross. That infamous US Investment house has apparently been seen in the mix in EUR/USD along with some “smart names”.
Tech support for EUR/GBP should arrive around yesterday’s lows of 0.8310/15
We’re presently sitting around 0.8342
