EUR/GBP managed a dip below the 21-DMA with Apr 12 lows noted just below. The failure to retest the Apr 17 highs in the latter half of last week sees the pair remaining heavy overall with a move lower to retest the Apr 1 lows favoured while the £0.8590 level caps.

For a more detailed technical analysis please click on the link below.

EURGBP Techs Daily 24 Apr