Wednesday, January 28, 2015

Trade Idea: EUR/GBP - Sell at 0.7600

Euro's near term sideways trading is likely to continue and as long as this week's low at 0.7405 holds, mild upside bias is seen for another corrective bounce to 0.7540-50, however, reckon upside would be limited to 0.7600-10 and bring another decline later, a break of said support



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