Forex: EUR/GBP Technical Analysis – Bulls Reclaim 0.84 Mark
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- Prices launched a spirited recovery from support at 0.8332, the October 1 low
- A break above resistance at 0.8442 (50% Fib ret.) exposes 0.8475 (61.8% Fib)
- Reversing back below 0.8442 aims for 0.8408 (38.2% Fib retracement)
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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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