Commentary of the EUR/GBP parity:

The parity is currently testing the lowest of March 18th towards 0.8915. All indicators are bearish. We advise to wait the signal offer by the break out of 0.8915 to enter short. (Be careful : Indicators on the RSI-MACD-Repulse are showing a bullish divergence).

See the previous analysis of the EUR/GBP parity of March 23, 2010