EUR/GBP stayed in consolidation below 0.8739 last week and outlook is unchanged. Initial bias remains neutral this week first. In case of deeper retreat, downside should be contained by 55 D EMA (now at 0.8646).Firm break of 0.8739 will resume the whole rise from 0.8491, and target 100% projection of 0.8491 to 0.8704 from 0.8614 […]
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