EUR/GBP Forecast May 24, 2016, Technical Analysis

The EUR/GBP pair initially fell on Monday, but found the round number of 0.77 to be supportive enough to bounce. This looks like we are starting to see buyers take over again, and this should have the market reaching towards the 0.79 level above. The area at that point is noisy, so we could get a bit of resistance. However, it looks likely that the longer-term buyers will return if we get above that region. Pay attention to the Euro, and if it rallies enough against other currencies, we should see the same thing here. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the