EUR/GBP Technical Analysis – Key Channel Top Eyed
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- A bearish Dark Cloud Cover candles pattern hints at renewed weakness ahead
- Initial support is at 0.8404 (April/May bottom); below that aims for 0.8353 (38.2% Fib)
- Resistance is at 0.8480 (June bottom); above that exposes 0.8519 (August bottom)
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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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