EUR/GBP chart - Trading View
EUR/GBP starts the week with a bullish gap-up open, scope for further gains.
The British pound was dumped across the board on Brexit impasse and virus-led fresh lockdown.
Concerns over the coronavirus contagion have intensified after a new covid strain was found in the UK.
The UK government imposed a strict Christmas lockdown in London and southeast England.
EUR/GBP spiked past the 0.91 handle and was trading at 0.9119 at around 04:30 GMT, down from session highs at 0.9139.
Stochs and RSI are biased higher. Volatility is high. Price action has bounced off 200-DMA support and weakness only on break below.
The pair is on track to test Wedge Top resistance at 0.9180. Breakout above will fuel further gains.
