EUR/GBP’s extended rebound indicates short term bottoming at 0.8453. Initial bias stays mildly on the upside for 55 D EMA (now at 0.8589) and possibly above. But strong resistance should be seen from 0.8610 to limit upside. On the downside, below 0.8513 minor support will bring retest of 0.8453 low instead. In the bigger picture, […]
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EUR/USD stayed in consolidations above 1.1323 last week and outlook is unchanged. Initial bias remains neutral this week first. Outlook stays bearish with 11499 support turned resistance intact. On the downside, break of 1.1323 will Read more…
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