Thursday, May 29, 2014

Trade Idea: EUR/GBP - Buy at 0.8050

Although euro's rebound after holding above this week's low at 0.8081 suggests consolidation with mild upside bias is seen, break of resistance at 0.8184 (last week's high) is needed to remove downside risk and signal a temporary low has been formed there, bring retracement of recent decline to resistance at



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