EUR GBP shaken in Asia
8/3/2017 12:08:18 PM
EUR/GBP shaken in Asia, but was reinforced by the 50-EMA level of 0.8956 ahead of the BoE rate decision.
The cross now trades around 0.8958 levels. A break above 0.9003 would open up upside towards 0.9061 and 0.9111. On the flip side, a breakdown of support at 0.8927 could yield a sell-off to 0.8887 and 0.8863.
FOREX market analysis by FxErvin.