EUR/GBP rose to 0.8720 last week but failed to sustain above 0.8697 fibonacci level and retreated sharply. Initial bias is neutral this week first. Further rise is expected as long as 0.8484 support holds. Break of 0.8720 and sustained trading above 0.8697 medium term fibonacci level will carry larger bullish implication. Next target is 0.9003 […]
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