EUR/GBP spiked lower to 0.8861 last week but quickly drew support from 0.8866 support and recovered. Initial bias is neutral this week first. Further fall is mildly in favor with 0.9068 resistance intact. Sustained break of 0.8866 will argue that rebound from 0.8670 has completed, and pattern from 0.9499 has started the third leg. Intraday
The post EUR/GBP Weekly Outlook appeared first on Action Forex.
EUR/GBP spiked lower to 0.8861 last week but quickly drew support from 0.8866 support and recovered. Initial bias is neutral this week first. Further fall is mildly in favor with 0.9068 resistance intact. Sustained break of 0.8866 will argue that rebound from 0.8670 has completed, and pattern from 0.9499 has started the third leg. Intraday […]
The post EUR/GBP Weekly Outlook appeared first on Action Forex.