Currency Analyst since 2010

Citi: short on EUR/GBP

Citi has entered medium-term EUR/GBP short position from 0.8000 with TP at 0.7000 and a stop at 0.8115.

The pair is facing minor resistance around 0.8000 and any indicative break will target 0.8052 (200-day MA)/0.8115 in the short term. The 0.7830 will be the major support of the pair and any indicative break below would extend loss to 0.7750/0.7000.

Scroll to top