EURGBP Daily Forecast Aug 29 2014

Outlook in EURGBP remains on the downside as long as as resistance 0.7966 holds on a daily closing basis , support comes at the 0.7910 levels , a halt is likely , but losing this level would open 0.7875 next , further losses will pave the way towards 0.7840 levels…

On the upside , resistance comes at the 0.7966 levels , break of the 0.7966 levels on a daily closing basis will turn outlook neutral towards the  0.8035 levels before the next fall…

In all , as long as resistance 0.7966 holds on a daily closing basis , outlook in EURGBP remains on the downside towards 0.7910/0.7875 levels , above the 0.7966 will recapture the   0.8035 levels before the next fall…

 

EURGBP Daily Forecast Aug 29 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS