EUR/GBP Technical Analysis for the Week of July 18, 2011
By forexmansion.com
posted 15:43 07/15/11
| EUR/GBP Forecast
 
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EUR/GBP had a down week, breaking below the 0.88 level, an area that has been an absolute magnet for prices lately. However, the pair hasn’t cleared all support, and it looks like it need to clear 0.87 before selling it. In the meantime, we suggest observing, and waiting for a daily close below that level to sell. We don’t like buying with all of the issues in Europe at the moment.



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