By eFXdata — Jan 10 - 04:30 PM
Credit Suisse discusses EUR/GBP technical outlook and targets a move towards 0.9292.
"EURGBP extends its defence of key price/retracement support around .8280 and the completion of a near-term base above .8823/29 is expected to provide the platform for a deeper recovery in the long-term sideways range," CS notes.
"Resistance is seen at .8904/08 initially, above which can see strength back to .9100/14 and potentially .9269/92," CS adds.
Source:
Credit Suisse Research/Market Commentary