EUR/GBP Weekly Outlook

EUR/GBP’s fall from 0.8511 extended lower last week but it’s still staying above 0.8294 support. Initial bias remains neutral this week first. On the downside, break of 0.8294 will argue that rebound from 0.8201 has completed at 0.8511, and revive near term bearishness. Intraday bias will be back on the downside for retesting 0.8201 low. […]

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