Saturday, September 28, 2013

EUR/GBP Weekly Outlook

EUR/GBP's recovery was limited at 0.8463 last week and weakened from there. Nonetheless, it's staying above 0.8352 low for the moment. Initial bias is neutral this week first. Overall outlook is unchanged. Price action from 0.8806 is viewed as a consolidation pattern with fall from 0.8768 as the third leg.



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