EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8796; (P) 0.8806; (R1) 0.8823; More… EUR/GBP’s break of 0.8827 resistance argues that whole decline from 0.9267 has completed. Intraday bias is now back on the upside. Further rally would be seen to 61.8% retracement of 0.9276 to 0.8545 at 0.8997 and possibly above. For now, this will remain the favored case […] The post EUR/GBP Mid-Day Outlook appeared first on Action Forex.

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8796; (P) 0.8806; (R1) 0.8823; More… EUR/GBP’s break of 0.8827 resistance argues that whole decline from 0.9267 has completed. Intraday bias is now back on the upside. Further rally would be seen to 61.8% retracement of 0.9276 to 0.8545 at 0.8997 and possibly above. For now, this will remain the favored case […]

The post EUR/GBP Mid-Day Outlook appeared first on Action Forex.