EUR/GBP Weekly Outlook

EUR/GBP’s strong rally continued last week and extended to as high as 0.9217 so far. Initial bias remains on the upside and further rise should be seen to 61.8% retracement of 0.9799 to 0.8399 at 0.9264 next. Break will then target 0.9494 resistance. On the downside, below 0.9144 minor support…

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