EUR/GBP reversed and fell sharply after recovery to 0.8744 earlier in the week. The rejection by 55 D EMA (now at 0.8715) keeps fall from 0.8863 intact. Initial bias is back on the downside this week for 0.8631 cluster support (38.2% retracement of 0.8221 to 0.8663 at 0.8618). Decisive break there will carry larger bearish […]
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