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EUR/GBP Technical Analysis

(0,8630) EUR/GBP confirmed the closing of the gap up after exactly one month. The s/t indicators are overbought and showing negative reversals. The move up almost reached 61,8 Fibonacci level. We expect a resumption of the decline: this cross is too high!!

Click here to read the full report: EURGBP 04.17

 

Future Trend Research

This article was posted in Technical Analysis and tagged EUR/GBP.
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