EURGBP Daily Forecast Nov 17 2014

Outlook in EURGBP remains on the upside as long as support 0.7945 holds on a daily closing basis , resistance comes at the 0.8000 levels where a break will open 0.8045 next , further upside will aim the 0.8100 levels .

On the downside , main support comes at the 0.7945 levels , losing this level on a daily closing basis will turn outlook towards the 0.7879 levels ahead of the 0.7797 levels.

In all , as long as support 0.7945 holds on a daily closing basis , outlook in EURGBP remains on the upside towards the 0.8000 levels ahead of the 0.8045/0.8100 levels , below 0.7945 will reverse risk towards the 0.7879 levels ahead of the 0.7797 levels.

 

EURGBP Daily Forecast Nov 17 2014

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