By FXEmpire.com
The EUR/GBP pair had a positive day on Monday as it broke through the 0.81 handle finally. The UK was downgraded by Egan-Jones after the US session, and as a result some funds will have had to exit the Pound. The Euro is being influenced by the possibility of a European solution, via rumors again, and the failure of the Pound to attract traders. The daily close above the 0.81 level does look bullish, and as a result we like buying this pair for a quick trade if we break above the highs for Monday. Otherwise, we are flat.
Click here a current EUR/GBP Chart.
Originally posted here
