The EUR/GBP pair has broken down at the 0.88 level, showing its intention to head back to the 0.86 level as the ECB looks set to hike rate in a couple of days. A break above 0.88 is necessary to even consider a long, and a break below today’s lows can be a selling opportunity. 
Originally posted here
Read more about Forex technical analysis, Forex fundamental analysis and Forex news on ForexMansion.com
