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EUR/GBP off lows, sell into rebounds

Cross consolidates yesterday's drop to fresh 7-1/2 year lows at 0.7015 intraday Downtrend continues Offer lowered to 0.7100, ahead of Wed's 0.7106 high Overall target is the long-term fibo at 0.6654 (76.4% of 0.5681 - 0.…

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EUR/GBP off lows, sell into rebounds
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  • Cross consolidates yesterday's drop to fresh 7-1/2 year lows at 0.7015 intraday

  • Downtrend continues

  • Offer lowered to 0.7100, ahead of Wed's 0.7106 high

  • Overall target is the long-term fibo at 0.6654 (76.4% of 0.5681 - 0.9805)

 

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