The pair has made impressive gains today but the strong sell interest between 0.8590-0.8600 has been well documented here for a while
High so far 0.8585. currently 0.8576
Interestingly the pair didn’t get a lift from EURUSD breaking up through 1.3400 just now. Cable is looking ok again above 1.5600 so either that pair is oversold or EURGBP is getting a tad heavy.
Definitely a pair to keep an eye on.
