FXStreet (Edinburgh) - Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the strong support area around the 0.7500 handle. Key Quotes “EUR/GBP is nervous of the topside having most recently failed just ahead of the 7762 2012 low. This is quite a pivot point and is regarded as formidable resistance near term”. “Dips lower are finding good support circa .7492, the October high and .7508 the short term uptrend. Such a move would be regarded as a return to point of break out”. For more information, read our latest forex news.