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EUR/GBP making fresh lows, eyes 2008 lows at 0.7231

Source: Thomson Reuters EUR/GBP makes fresh 7 year lows at 0.73625 on downside pressures The 2008 lows at 0.7321 are eyed as next support, 100 HMA at 0.7406 is resistance Scope to long-term fibo at 0.7256 (61.8% of life …

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EUR/GBP making fresh lows, eyes 2008 lows at 0.7231
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Source: Thomson Reuters


  • EUR/GBP makes fresh 7 year lows at 0.73625 on downside pressures 

  • The 2008 lows at 0.7321 are eyed as next support, 100 HMA at 0.7406 is resistance 

  • Scope to long-term fibo at 0.7256 (61.8% of life low/high) 

  • Lower recovery highs intra-day weigh. 

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