EUR/GBP Daily Outlook

Jul 20 2010

Intraday bias in EUR/GBP remains on the upside with 0.8422 minor support intact and further rise is expected to 0.8601 support turned resistance next. On the downside, below 0.8422 minor support will turn intraday bias neutral and bring consolidations. But downside should be contained by 0.8316 support and bring rally resumption.