EURGBP looks to extend its upside pressure as it retains its upside pressure. On the downside, support stands at the 0.8900 level where a violation will turn focus to the 0.8850 level. A break below here will aim at the 0.8800 level. Further down, support comes in at 0.8750 level. Conversely, resistance lies at the 0.9000 level. A violation if seen will turn risk towards the 0.9050 level. Further up, resistance comes in at 0.9100 level followed by the 0.9150 level. All in all, EURGBP remains biased to the upside in the new week.

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This report is prepared solely for information and data purposes. Opinions, estimates and projections contained herein are the author's own as of the date hereof and are subject to change without notice. The information and opinions contained herein have been compiled or arrived at from sources believed to be reliable but no representation or warranty, express or implied, is made as to their accuracy or completeness and neither the information nor the forecast shall be taken as a representation for which the author incur any responsibility. The does not accept any liability whatsoever for any loss arising from any use of this report or its contents. This report is not construed as an offer to sell or solicitation of any offer to buy any of the currencies referred to in this report


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