Wednesday, October 9, 2013

EUR/GBP Daily Outlook

Intraday bias in EUR/GBP remains on the upside for the moment. A short term bottom should be in place at 0.8332 with bullish convergence condition in 4 hours MACD. More importantly, the consolidation from 0.8806 might have finished too. Further rise should be seen to 0.8652 resistance first. Break will



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