Support at 0.7291-94 being tested.
The EURGBP fell below trend line support earlier in the day but reversed higher. The correction sniffed the 200 hour MA (green line) but stayed below. The 200 hour MA is starting to slope to the downside. The pair is taking a turn to the bearish side in trading today.
The price is currently testing the upward sloping trend line at the 0.7294 level. Below that is the 0.7291 (see blue horizontal line). The price has various swing highs and lows at this level. A move below this are should open the door for further downside momentum.
