Saturday, January 3, 2015

EUR/GBP Weekly Outlook

EUR/GBP dropped further to as low as 0.7744 last week but drew support from mentioned 0.7740/55 key support zone. Initial bias is mildly on the upside this week for further recovery. Overall near term outlook stays neutral with 0.7740/55 intact. On the upside, break of 0.8006 resistance should confirm near



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