Tuesday, April 1, 2014

EUR/GBP Daily Outlook

With 0.8321 minor resistance intact, deeper decline is expected in EUR/GBP. The cross is staying inside medium term falling channel. Fall fro 0.8399 should extend lower for at least a test on 0.8157 low. Meanwhile, break of 0.8321 minor resistance will turn bias back to the upside for retesting 0.8399.



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