Sunday, October 13, 2013

EUR/GBP Daily Outlook

Intraday bias in EUR/GBP is neutral for the moment for some sideway trading. But further rally is expected with 0.8424 minor support intact. At this point, we're favoring the case that consolidation from 0.8806 has completed at 0.8332 already and expect another rise. Above 0.8509 will target 0.8652 resistance first.



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