EUR/GBP Mid-Day Outlook

EUR/GBP Mid-Day Outlook

EUR/GBP rises sharply to as high as 0.8429 in early US session as rebound from 0.8354 extends. Further rise could be seen but after all, another fall will remain in favor as long as 0.8528 resistance holds. Below 0.8383 will flip bias back to the downside for 0.8354 and below<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/2Rn6YiZgcSY" height="1" width="1"/>

Source: EUR/GBP Mid-Day Outlook