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Forex pairs in this Article » EUR/GBP (Barcelona) - The EUR/GBP cross broke minor short-term support at 0.8460 Wednesday but still appears to have a chance to run higher.

EUR/GBP traders ready for data from Britain as well as German Bund auction results

In just a few hours, EUR/GBP traders will get to trade off of British retail price data and the German 10-year Bund auction. Both items have the power to move markets if the numbers vary from expectations too wildly.

Technical outlook for EUR/GBP

Technicians say the EUR/GBP cross is testing / about to test short-term resistance at 0.8465. Short-term support comes into play at yesterday’s low of 0.8444 and is backed up by the 10/8 low of 0.8423.
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