
EURGBP Chart Technical Outlook confirms the double bottom pattern, looking for a higher extension to 0.8376The double bottom was confirmed on a break of 0.8340. Although we are seeing some stalling in bullish momentum close to the 161.8% extension level of 0.8353, I look for this rally to extend. 261.8% is located at 0.8376. A previous supply zone is located at 0.8382.