Daily Pivots: (S1) 0.8709; (P) 0.8731; (R1) 0.8745; More… EUR/GBP is now in the third leg of the corrective pattern from 0.9499. Intraday bias remains on the downside for 0.8670 support. Break will target 161.8% projection of 0.9291 to 0.8861 from 0.9229 at 0.8533. Near term outlook will remain bearish as long as 0.8790 resistance
The post EUR/GBP Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8709; (P) 0.8731; (R1) 0.8745; More… EUR/GBP is now in the third leg of the corrective pattern from 0.9499. Intraday bias remains on the downside for 0.8670 support. Break will target 161.8% projection of 0.9291 to 0.8861 from 0.9229 at 0.8533. Near term outlook will remain bearish as long as 0.8790 resistance […]
The post EUR/GBP Daily Outlook appeared first on Action Forex.