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EURGBP Eyes Corrective Pullback Towards Its Key Support at 0.7163

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 14, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURGBP- With the cross capping its gains to close marginally higher the past week, EURGBP eyes corrective pullback towards its key support at 0.7163 level. Support comes in at 0.7170 level. Further down, support lies at the 0.7140 level where a violation will turn focus to the 0.7100 level. A break will expose the 0.7060 level. Its daily RSI has turned lower suggesting further weakness. On the upside, resistance lies at the 0.7260 level where a violation if seen will turn risk towards the

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