Wednesday, June 18, 2014

EUR/GBP Daily Outlook

Intraday bias in EUR/GBP remains neutral for consolidation above 0.7958 temporary low. Upside is expected to be limited by 0.8081 resistance and bring fall resumption. Below 0.7958 will target 168.1% projection of 0.8584 to 0.8157 from 0.8399 at 0.7708, which is close to key long term support level of 0.7693.



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