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SEB: EUR/GBP impulsively higher - eFXnews

FXStreet (Łódź) - The eFXnews team observe that according to SEB EUR/GBP's strengthening on Friday resulted in the formation of a bullish daily as well as a weekly candle.

Key quotes

"There is however quite a lot of resistance in a 0.7997/0.8007/0.8028 range but also the potential for a rather bullish medium term message should those be cleared."

"With the € index on the verge of exiting a falling wedge there’s probably a more general € reaction higher underway."

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