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Kamis, 26 Mei 2016

Has the EURGBP fallen enough for now?

Off lows but…

The EURGBP has moved about 190 pips from the highs this week.  That is about a 2.45% decline. Not bad. As outlined last week, the pair did move below neckline support and the 100 day MA. Yes, there was a correction at the end of last week, but the trend restarted this week with the better Brexit talk.





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