Thursday, December 26, 2013

EUR/GBP Daily Outlook

Intraday bias in EUR/GBP remains neutral for some consolidations above 0.8330 temporary low. Current development argues that one more fall would be seen before completing the decline from 0.8768, which is likely a terminal triangle pattern. Below 0.8330 will target 0.8252 and below. But we'd expect strong support above 0.8164



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