By FXEmpire.com
The EUR/GBP pair fell again on Friday as the Euro fell hard against many of the major currencies around the world. The European elections will certainly be a concern of currency traders. The possibility of new twists and turns in the European debt drama will be a point of concern. The British Pound continues to be one of the strongest currencies overall and as a result it makes sense that this pair falls. The breaking of 0.81 should send us down to 0.80, and because of this we feel the momentum is still to the downside. On a break of the level, we are selling again.
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Originally posted here
