EUR/GBP Forecast October 24, 2016, Technical Analysis

The EUR/GBP pair fell slightly during the course of the session on Friday, as we continue to roll over a bit. Ultimately though, I believe that the market has massive amounts of support just waiting to be shown, and as a result I feel that the market will find buyers sooner or later, perhaps even bouncing to a fresh, new high. With this, I believe that the 0.87 level below is massively supportive, and with that being the case sooner or later the buyers will take over in this very strong uptrend.