EUR/GBP Weekly Outlook

EUR/GBP’s rebound from 0.8338 extended higher last week but outlook is unchanged. Fall from 0.8720 is still expected to resume as long as 0.8585 resistance holds. Firm break of 0.8338 support will target a retest on 0.8201 low. In the bigger picture, current development suggests rejection by 38.2% retracement of 0.9499 to 0.8201 at 0.8697. […] The post EUR/GBP Weekly Outlook appeared first on Action Forex.
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