EUR/GBP Weekly Outlook

EUR/GBP dropped further to 0.8537 last week, but rebound strongly just ahead of 161.8% projection of 0.9291 to 0.8861 from 0.9229 at 0.8533. A short term bottom should be formed and initial bias remains on the upside this week. Further rise could be seen to 55 day EMA (now at 0.8837). Sustained break there will
The post EUR/GBP Weekly Outlook appeared first on Action Forex.

EUR/GBP dropped further to 0.8537 last week, but rebound strongly just ahead of 161.8% projection of 0.9291 to 0.8861 from 0.9229 at 0.8533. A short term bottom should be formed and initial bias remains on the upside this week. Further rise could be seen to 55 day EMA (now at 0.8837). Sustained break there will […]

The post EUR/GBP Weekly Outlook appeared first on Action Forex.

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