(0,8547) EUR/GBP confirmed still a positive closing last night but failed to break above 0,8600 for now. This morning it started well bid before however plunging lower suggesting a retest of the 200 hours line, now found at 0,8520. This decline could be corrective and a s/t buying opportunity but we suggest waiting for further consolidation. We do still have the feeling of a sensible lower cross!!
Read the full report: EURGBP 06.20
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