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EUR/GBP looks at 0.73 off 7year low rally

Cross looks to offers at 0.73 after rallying off 0.7257 (new 7year+ low) 0.73 = former option barrier level (0.7299 = 1.37 in GBP/EUR) 0.7314 (Wednesday low) & 0.7326 among resistance levels beyond 0.73 0.7262 was Thursd…

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  • Cross looks to offers at 0.73 after rallying off 0.7257 (new 7year+ low)

  • 0.73 = former option barrier level (0.7299 = 1.37 in GBP/EUR)

  • 0.7314 (Wednesday low) & 0.7326 among resistance levels beyond 0.73

  • 0.7262 was Thursday's low

  • Asia low was 0.72605

  • 0.7256 = 61.8% of 0.5681 (2000 all-time low) to 0.9805 (2008 all-time high) 

 

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