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EUR/GBP Struggles for Support

Started by PocketOption, Dec 05, 2022, 12:43 pm

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PocketOption

EUR/GBP Struggles for Support

The higher-beta pound outperforms across the board thanks to improved risk sentiment. The recent rebound came to a halt at 0.8670 and a subsequent fall below the critical floor at 0.8570 indicates that the path of least resistance is down. This is an invalidation of the rally from early September after a two-month long consolidation. […]


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