EUR/GBP’s consolidation from 0.8320 continued last week and outlook is unchanged. Initial bias stays neutral this week. Further decline is expected as long as 0.8401 resistance holds. On the downside, firm break of 0.8320 will extend larger down trend to 138.2% projection of 0.8728 to 0.8453 from 0.8611 at at 0.8231. In the bigger picture, […]
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