Forex technical analysis: EURGBP moves below trend line/MA support on hourly chart - ConsultFX

Forex technical analysis: EURGBP moves below trend line/MA support on hourly chart

Key support target for the pair broken The EURUGBP is breaking below the 200 hour MA and trend line support at 0.8869.  The trend line had a number of tests of the line (see red circled numbers).  The MA was tested twice on Friday  and each time held.  Trading below is more bearish for the pair. Copyright 2015 Forexlive.com