Forex: EUR/GBP Technical Analysis – Candles Hint at Gains Ahead
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- A Bullish Engulfing candle pattern hints a move higher is ahead
- Breaking above 0.8238 (23.6% Fib ret.) targets 0.8281 (38.2% Fib ret.)
- Near-term support is at 0.8167 (Jan 22 low)
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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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