The EUR/GBP pair absolutely fell apart today, closing at the lows. As the market fell below the all-important 0.88 level, traders will certainly wonder if the pair has ran out of strength. Because of this, expect to see some choppy trading over the next couple of days. A break below today’s lows could signal a further move to the downside. Waiting a day or two for clarity might be the way to go.
Originally posted here
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