EUR/GBP Update – 16/08/2017 (12:40pm) – by Arjun Lakhanpal

EUR/GBP Update – 16/08/2017 (12:40pm): EURGBP lower after the sources comments but still looking solid on the charts.. EUR/GBP’s advance is ongoing with the 78.6% Fibonacci retracement at .9170 remaining in sight. The currency pair will stay immediately bid while it remains above the .9050 near term uptrend line. Below it lies the four month support line at .8909. The up move remains intact above here.