29.09 - EUR/GBP keeps late-Monday pullback
EUR/GBP trims early-Asian losses while picking up the bids near 0.9080/85 during the pre-European trading on Tuesday. In a case where the buyers manage to cross the 0.9120 upside barrier, another downward sloping trend line, from September 11, at 0.9180 now, will be in the spotlight.
Alternatively, EUR/GBP bears are less likely to take entries unless witnessing a clear downside break around 0.9030. In doing so, the 0.9000 psychological magnet may offer an intermediate halt during the fall to the August 31 high of 0.8966 and then to the monthly bottom surrounding 0.8865.
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