• EUR/GBP set for back to back daily losses and our 0.8318 long is in trouble

• The cross also recording a new low since February 3, 0.8290

• Fourteen day momentum remains negative and RSI has room to fall

• The 2025 low of 0.8257 provides a bear target

• Below here and the path opens up to the 0.8219 low from December

• A move back above the 100DMA, 0.8334, needed to put our long back in play

• EUR/GBP Trader EUR/GBP Trader: [page:2343]
EUR/GBP daily candle chart:

(Peter Stoneham is a Reuters market analyst. The views expressed are his own.)