EUR/GBP Weekly Outlook

Trading 28 jan 2012 Donner votre avis
EUR/GBP's choppy recovery from 0.8221 continued last week and further rise could still be seen to 0.8420 resistance and above. But after all, we'd expect upside to be limited by 38.2% retracement of 0.8830 to 0.8221 at 0.8454 and bring fall resumption eventually. Below 0.8337 minor support will flip bias back to the downside for retesting 0.8221 first.

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