Given that the EUR/GBP has broken below previous daily support just now and continues to look heavy i thought i would post this one first today.
The sharp move lower for EUR/GBP stopped on the proverbial dime at the Apr 1 support level yesterday and the pair had again been supported at this level during morning London trading today. The persistent selling has now chewed through the orders at 0.8410 with the pair continuing to look heavy.
For a more detailed analysis please click on the link below.
EURGBP Techs Daily 26 Apr