EUR/GBP: Bulls Expected to Resume After Extended Consolidation

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EUR/GBP: Bulls Expected to Resume After Extended Consolidation

The cross firmed on Thursday after Wednesday's close in red but continues to face headwinds at 0.8850 barrier (50% retracement of 0.9498/0.8202), as the action failed to break clearly higher in three consecutive attempts. Technical studies on daily chart show rising positive momentum and MA's in full bullish setup, underpinning the action, though overbought conditions […]

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