EUR/GBP outlook: 200DMA so far holds pullback from new multi-week high – FXStreet

The EUR/GBP outlook remains stable as the 200-day moving average has successfully prevented a pullback from a recent multi-week high. The currency pair continues to show strength, with the 200DMA acting as a key support level. Traders are closely monitoring the movement of EUR/GBP as it hovers near its recent high. Overall, the outlook for the currency pair remains positive as it holds above the 200DMA.