Interestingly this pair has shown no sign of rallying since the move below 0.8500 and sits around the session lows of 0.8491.
Recent dips have produced strong buying interest at 0.8505 but not today and that also highlights the euro weakness this morning. Or is it GBP strength?
Good buying interest reported at 0.8485 though which is preventing further losses and more at 0.8470. Sellers now at 0.8510 and 0.8525