EUR/GBP to enjoy a deeper recovery in the long-term sideways range – Credit Suisse EURGBP Banks
EUR/GBP is expected to steadily strengthen within its long-term sideways range, in the view of economists at Credit Suisse.“The completion of a near-term base above 0.8823/29 is expected to provide the platform for a deeper recovery in the long-term sideways range.”
“Resistance is seen at 0.8904/08 initially, above which can see strength back to 0.9100/14 and potentially 0.9269/92.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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