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EUR/GBP testing support levels around 0.8475 as EUR/USD slips
The USD/JPY is on the rebound again just now and that is pushing the EUR/USD lower. At the same time the GBP/USD is holding its ground above 1.3110. So, this is forcing the EUR/GBP down to test those noted levels around 0.8475. So they seem to have capped the downside for the time being, but the pressure looks like it is still on. In fact the EUR/GBP has just traded right on the noted 50 day support and the Fibonacci level in place at the same level. So, it remains to be seen, how this will evolve from here
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