Thursday, October 3, 2013

EUR/GBP Daily Outlook

Deeper fall could be seen in EUR/GBP with 0.8463 resistance intact. Nonetheless, there is no change in the outlook that price actions from 0.8806 form a consolidation pattern and is about to finish. While deeper fall cannot be ruled out, we'd continue to look for reversal signal below 0.8397 support.



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