EUR/GBP edged higher to 0.8828 last week but retreated again. Initial bias stays neutral this week for more consolidations. Further rally is expected as long as 0.8761 support holds. On the upside, break of 0.8828 will resume the whole rally from 0.8221 and target 0.8867 fibonacci level. Firm break there will carry larger bullish implications. […]
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