Friday, June 20, 2014

EUR/GBP Daily Outlook

EUR/GBP is still bounded in the consolidation pattern from 0.7958 temporary low and intraday bias remains neutral. Stronger recovery cannot be ruled out. But upside should 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



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