The EURGBP is testing the 200dma and long term 50% Fibonacci retracement.

The EURGBP is testing the 200dma and the 50% retracement at the .8782 level and is possible that overnight we test the 161% extension at the .8803 level. However, with the RSI overbought and leveling out the risk may be for a reversal lower from the .8800 level near term.

Blake Morrow