Daily Pivots: (S1) 0.8747; (P) 0.8764; (R1) 0.8775; More… Further decline is expected in EUR/GBP with 0.8838 resistance intact. Break of 0.8737 temporary low will target 0.8670 support first. It’s now in the third leg of the corrective pattern from 0.9499. Break of 0.8670 support would target 161.8% projection of 0.9291 to 0.8861 from 0.9229
The post EUR/GBP Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8747; (P) 0.8764; (R1) 0.8775; More… Further decline is expected in EUR/GBP with 0.8838 resistance intact. Break of 0.8737 temporary low will target 0.8670 support first. It’s now in the third leg of the corrective pattern from 0.9499. Break of 0.8670 support would target 161.8% projection of 0.9291 to 0.8861 from 0.9229 […]
The post EUR/GBP Daily Outlook appeared first on Action Forex.