Forex: EUR/GBP Technical Analysis – Upside Push Lacks Fuel
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- Prices broke falling channel resistance to expose 0.8498 (38.2% Fib)
- Piercing resistance exposes 0.8550 (50% Fibonacci retracement)
- Near-term support is in the0.8417-35 (23.6% Fib)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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