EUR/GBP’s rebound from 0.8354 extended higher last week but lost momentum after hitting 0.8545. Initial bias is turned neutral this week first. Further rally is expected as long as 0.8416 support holds. Above 0.8545 will target for 61.8% retracement of 0.8737 to 0.8354 at 0.8591. Firm break there will pave the way to 0.8373 resistance. […]
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