• Medium term bull trend in control but short-term resistance at 1.6650 is also very solid;
  • EUR/GBP looks to have run out of short-term bearish momentum;
  • Technical support in the cable is confirmed at the 61.8% retracement level 1.6470.
  • Be patient, wait for short-term stops above 1.6650 to be triggered and sell into that rally for a 200 pip dip to re-test technical support.