EUR/GBP dropped to 0.8607 last week but recovered since then. Initial bias is turned neutral this week first, but further decline is expected with 0.8869 resistance intact. Break of 0.8607 will target 61.8% projection of 0.9267 to 0.8647 from 0.8869 at 0.8486. In the bigger picture, current development suggests that fall from 0.9267 is a […]
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