| EUR/GBP - Hits Support in Downtrend Posted: 23 Nov 2010 08:56 AM PST  Price action on EUR/GBP (a 4-hour chart of which is shown) as of Tuesday (11/23/2010) has once again dropped down to (and slightly breached) key support in the 0.8450 price region, the level that was established as a double-bottom low early last week. This 0.8450 support level currently also coincides approximately with a key uptrend support line extending from the August low. For more technical analysis on this currency pair, please click here for Tuesday’s (11/23/2010) Chart of the Day.
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