The drop through 0.83 was on the back of a reported story in The Times that says Vodafone’s reported offer to European broadband provider ONO may be rejected. A €7bn offer was mooted around the end of Jan.
EUR/GBP daily chart 11 02 2014
EUR/GBP fell to a low of 0.8286 and is trying to retake 0.83 as we speak but is finding it tough to get above and hold the 55 dma on the upside. Support is coming in at 0.8285