EURGBP Chart Technical Outlook

EURGBP Chart Technical Outlook dip to be bought, rally to be sold The cross closed the day with an indecisive doji-style candle. With the lack of any economic drivers, we look for that indecision to continue in the morning session. With the point of control (PoC) lining up with the projected completion of an AB leg, in a Bat formation, we look for losses to stall at 0.8546. On the upside, we have bespoke resistance located at 0.8603 and the point of control from Wednesday, August 30 located at 0.8605.

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