Thursday, July 31, 2014

EUR/GBP Daily Outlook

EUR/GBP is staying in sideway consolidation from 0.7873 and intraday bias remains neutral. Considering bullish convergence condition in 4 hours MACD and daily MACD, break of 0.7980 resistance will firstly confirm short term bottoming. Secondly, the larger down trend could have reversed too. In such case, near term outlook will



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