Saturday, January 31, 2015

EUR/GBP Weekly Outlook

EUR/GBP edged lower to 0.7403 but turned sideway since then. Initial bias remains neutral this week for sideway consolidations. But recovery should be limited by 0.7594 support turned resistance and bring fall resumption. Below 0.7403 will extend recent fall to next long term key support level at 0.7250/53. Meanwhile, break



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