The Euro dropped against the Pound yesterday and continued its downside wave today as well, the short term technical indicators are started showing an upside reversal as the pair reached the major support at 0.7415 but was not able to breach it so far, if the pair breaches that level it might reach the next strong support at 0.7390, while staying above that level would provide it with enough strength to incline back to the 0.7440s level.