Commentary of the EUR/GBP parity:

The parity stopped its correction on the resistance at 0.9050. Currently, the price is moving around its key point at 0.90. Most of indicators are bullish. We maintain to trade only long positions as far as the price is above its last lowest at 0.8915. A return above 0.90 will confort our bullish feeling and the break out of 0.9050 will offer a new buy signal.

See the previous analysis of the EUR/GBP parity of March 22, 2010