Forex technical analysis: EURGBP tumbles but into support
Can it stay below 200 hour MA on corrective move now?
The EURGBP tumbled after the more hawkish comments from BOE Carney. However, the fall took the price down to support defined by some swing low seen over the last 6 trading days at 0.8770. The low today reached 0.8771 on two separate tests today.