EUR/GBP is trading lower on the day, presently down at 9410 having started out around .9465 in Europe. Interesting to hear that Goldmans’ are of the view that the buying of the cross has been overdone.
On the downside, initial suppport now lies at 9390. We had earlier heard talk of sizeable stop loss buy orders gathering up around 9530/35, but that seems someways away now. Probably worth bearing in mind though, I suppose.