Wednesday, May 28, 2014

Trade Idea: EUR/GBP - Buy at 0.8050

Although the single currency has rebounded after holding above this week's low at 0.8081 and consolidation with mild upside bias is seen, break of resistance at 0.8184 (last week's high) is needed to remove downside risk and signal a temporary low has been formed, bring retracement of recent decline to



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