EUR/GBP accelerated lower to 0.8615 last week but recovered just ahead of 0.8611 support. Initial bias is turned neutral this week for some consolidations first. Further decline is expected as long as 55 D EMA (now at 0.8694) holds. Firm break of 0.8611 will resume the whole fall from 0.8863 to 100% projection of 0.8863 […]
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