EUR/GBP Weekly Outlook 6 -10 December 2010

Forex Trading EUR/GBP Weekly Outlook 6 -10 December 2010 EUR/GBP Weekly Outlook A short term bottom should be in place at 0.8333 on bullish convergence condition in 4 hours MACD. Rebound from there should extend further initially this week, possibly to 0.8594 resistance and above. Nevertheless, we'd expect strong resistance between 0.8594 and 0.8651 to limit upside and bring resumption of