EUR/GBP was supported by 0.8866 structural support again last week and rebounded. Though, upside is limited below 0.9004 resistance so far. Initial bias stays neutral this week first. On the upside, firm break of 0.9004 and the falling channel resistance will firstly indicate short term bottoming. Secondly, pull back from 0.9291 should have completed. Thirdly,
The post EUR/GBP Weekly Outlook appeared first on Action Forex.
EUR/GBP was supported by 0.8866 structural support again last week and rebounded. Though, upside is limited below 0.9004 resistance so far. Initial bias stays neutral this week first. On the upside, firm break of 0.9004 and the falling channel resistance will firstly indicate short term bottoming. Secondly, pull back from 0.9291 should have completed. Thirdly, […]
The post EUR/GBP Weekly Outlook appeared first on Action Forex.