Monday, June 23, 2014

EUR/GBP Daily Outlook

EUR/GBP is staying in consolidation above 0.7958 temporary low and intraday bias remains neutral. Upside of recovery is expected to be limited by 0.8081 support turned resistance and bring fall resumption. Below 0.7958 will turn bias to the downside and will target 168.1% projection of 0.8584 to 0.8157 from 0.8399



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