EURGBP Daily Forecast Mar 13 2015

Outlook in EURGBP remains on the downside as long as 0.7143 resistance holds on a daily closing basis , support comes at the 0.7000 levels , a halt is likely, but c cut would open 0.6900 next ,  further down will target the 0.6790 levels.

On the upside , resistance comes at the 0.7143 levels (main) , sustained breakout above the 0.71434 levels will turn outlook neutral and bring rebound towards the 0.7324 levels before the next fall…

In all , as long as 0.7143 resistance holds on a daily closing basis , outlook in EURGBP remains on the downside towards the 0.7000 levels ahead of the 0.6900 levels , above the 0.7143 levels faces a recovery risk towards  the 0.7324 levels before the next fall..

 

EURGBP Daily Forecast Mar 13 2015

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