Saturday, August 30, 2014

EUR/GBP Weekly Outlook

EUR/GBP's fall from 0.8305 extended lower last week and the break of 0.7920 support aurges that rebound form 0.7873 has completed already. The corrective structure of such rebound indicates that the larger decline is still in progress and is possibly resuming. Initial bias is mildly on the downside for 0.7873



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