EUR/GBP Daily Outlook

Breach of 0.8543 resistance suggests that a short term bottom was already formed at 0.8453, after hitting 61.8% retracement of 0.8221 to 0.8863 at 0.8466. Intraday bias is back on the upside for stronger rebound to 55 D EMA (now at 0.8589) and possibly above. But strong resistance should be seen from 0.8610 to limit […]

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