There’s talk out there of a number of EUR/GBP option barriers coming into play now after yesterday’s sharp fall in the cross from 0.8040 down to 0.7965
Barriers sit down at 0.7950, 0.7900, 0.7890 and 0.7825, with the 0.7900 being part of ‘double- no- touch’ options expiring next Friday and the 23 July
Nearby support comes in currently at 0.7950 which was the lows of May 16
EUR/GBP’s currently sittting around 0.7974