What was support...becomes resistance.

Hard to catch a falling knife.

The GBPUSD is ripping lower and through the trend line support. EURGBP is above 0.7700 level.

Next stops on the bearish train 1.4117 and then 1.4062. Resistance at 1.4160 now.

Meanwhile over in the EURGBP, the pair has shot above the 0.7700 level and tests the 0.7713 high from a year ago (January 21, 2015).