The EUR/GBP currency pair is currently testing the trend line support which has been forming since January 2011. This ascending trend line is currently aligned with the 200 day SMA and the August range-lows. Price action here could be key for this cross in the near term. Price has seen a drop today which was nearly twice the daily average over 60 days @ 149 pips on increased volatility. Trend line confluence with the 200 day SMA (magenta) at the 0.8700 level. Bearish outside candle engulfs the previous 4 days price action. Price has closed near the ultimate daily low and has only been held by the aforementioned ... (full story)