Trend lines stalled rally and fall today
The EURGBP today has seen ups and downs in trading today. The high today stalled at topside trend line on the hourly. It also stalled at a lower trend line after the decline.
The rally off the lows has moved up to test the 200 hour MA at 0.89127 (high just reached 0.89136). That MA is between the two trend lines.
Buyers bought against support (trend line).Seller sold against resistance (trend line).The 200 hour MA is an intermediate bias defining levels Sellers have leaned on the test.