- The euro jumps just above the 0.8900 level.
- The level to beat for bears is 0.8860 support.
EUR / GBP four-hour chart
EUR / GBP started in June with a drop to 0.8900. The market consolidates losses below 50 SMA on the four-hour chart. Another bearish attack with a break below the 0.8860 level may send the EUR / GBP down to the 0.800 and 0.8760 levels in the medium term. In contrast, resistance can be seen near the levels of 0.8940 and 0.9000 initially.