We’re down and testing the bids at 1.6650 with a low so far of 1.6653 and are breaking down through the November 2013 support line that we last broke through in the beginning of Feb.
GBP/USD daily chart 10 03 2014
As Mike noted earlier there’s stops should we bust through 1.6650.
EUR/GBP has been up and over the 100 dma at 0.8232 by 3 pips as M&A news takes hold once again. Vodafone is said to have agreed a preliminary deal of over €7bn to buy Spanish cable company ONO.
EUR/GBP daily chart 10 03 2014