• EUR/GBP -0.15%, 55DMA (0.8552) support holds for now

• Further support below at 0.8530 (pre-BoE level)

• A break below would negate the Mar 21 bullish key day reversal

• Likely paves the way for a retest of the 0.85 handle

• EU/UK 10yr yield spread less supportive of EUR/GBP. Now -165bps from -154bps

• Potential false break of 200DMA in GBP/USD is a worry for EUR/GBP bulls

• BoE's Haskel remains hawkish. However, actions speak louder

For more click on FXBUZ