• Minor EUR/GBP pullback on the weekly chart and could close negatively

• We had been looking for better levels to enter a long

• A bull trade entered by 0.8433 for 0.8575 with an 0.8330 stop

• The 10-day MA has closed above the 200MA, bullish signal

• A risk of sideways action below the 0.8473 Jan. 20 five-month high

• On any deeper pullback a minimum adjustment level is at 0.8414

• 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.)