Further to my post a few minutes ago here are a couple of charts – H1 and a weekly.
The first shows there is not a lot in the way back up to the recent high above 0.8815, then targeting the 0.9100 region per the weekly.
Should the UK data be a catalyst the cross should move one way or the other; on the downside with the market being long, we have the 0.618 and 0.50 on the hourly at approx 0.8720 and 0.8690 respectively as starting targets.
EURGBP H1
EURGBP weekly
