EUR/GBP Weekly Outlook November 29- December 3

Forex Trading EUR/GBP Weekly Outlook November 29- December 3EUR/GBP dropped further to as low as 0.8420 last week but recovered since then on lack of follow through selling. Considering bullish convergence condition in 4 hours MACD, a short term bottom might be in place. Strong recovery could be seen initially this week. Nevertheless, we'd expect strong resistance between 0.8594 and 0.8651