SEB: EUR/GBP rechecks 0.7927/53 before down - eFXnews

FXStreet (Łódź) - The eFXnews team comment that the SEB sees EUR/GBP to drop lower, although the bank adds that the wedge is likely to take its toll.

Key quotes

“A correctional target zone is located at 0.7927/07953 and it is likely to be tested before setting fresh lows.”

“Nearby levels to watch are located at 0.7911/13 above and 0.7874 below.”