Thursday, January 29, 2015

Trade Idea: EUR/GBP - Sell at 0.7600

As the single currency has rebounded again today, retaining our view that further consolidation above this week's low at 0.7405 would be seen with mild upside bias 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



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