EUR/GBP Weekly Outlook

EUR/GBP dropped to as low as 0.7334 last week before forming a temporary low there and recovered. Another fall could be seen as correction from 0.8116 extends. But we’d expect strong support from 38.2 retracement of 0.6981 to 0.8116 at 0.7682 to contain downside and bring rebound. On the upside,