EUR/GBP faces resistance at 0.8162/0.8200 – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the European cross faces strong resistance in the 0.8162/0.8200 band.

Key Quotes

“EUR/GBP has recently reached target, has a 13 count on the daily chart, complex divergence of the daily RSI and directly overhead lies the 2008-2016