Monday, September 1, 2014

EUR/GBP Daily Outlook

EUR/GBP drops further today and intraday bias remains on the downside for 0.7873. As noted before, the rebound from 0.7873 has completed at 0.8035 already. The larger decline is possibly resuming. Break of 0.7873 will confirm this bearish case and target 0.7755 key support level. On the upside, above 0.7938



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