EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8707; (P) 0.8720; (R1) 0.8742; More… EUR/GBP’s steep decline and break of 0.8678 support suggests that consolidation pattern from 0.8752 is extending with another falling leg. Deeper decline might be seen but downside should be contained by 38.2% retracement of 0.8354 to 0.8752 at 0.8600. On the upside, firm break of 0.8752 […]

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