EUR/GBP Weekly Outlook

EUR/GBP edged lower to 0.8470 last week but rebounded strongly strong there. A short term bottom should be formed. Initial bias is mildly on the upside this week for 38.2% retracement of 0.9291 to 0.8470 at 0.8784. Sustained break there will raise the chance that whole corrective pattern from 0.9499 has completed with three waves
The post EUR/GBP Weekly Outlook appeared first on Action Forex.

EUR/GBP edged lower to 0.8470 last week but rebounded strongly strong there. A short term bottom should be formed. Initial bias is mildly on the upside this week for 38.2% retracement of 0.9291 to 0.8470 at 0.8784. Sustained break there will raise the chance that whole corrective pattern from 0.9499 has completed with three waves […]

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

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