Tuesday, January 27, 2015

Trade Idea: EUR/GBP - Sell at 0.7600

The single currency has recovered again after finding support at 0.7435 today, retaining our view that further consolidation above yesterday's low of 0.7405 would be seen and corrective bounce to 0.7540-50 cannot be ruled out, however, reckon upside would be limited to 0.7600-10 and bring another decline later, a break



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