Initial outlook for this week is neutral

FX:EURGBP   Euro / British Pound
21 0
EUR/GBP stayed in tight range last week and outlook is unchanged. We stay cautious on strong support from 0.6935 to bring reversal. EUR/GBP might extend recent sideways pattern with another rising leg. Break above 0.7196 resistance will turn bias to the upside for 0.7492 to extend recent consolidation pattern.
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