Nickonomics
Long

EUR/GBP: Technical buy signal

FX_IDC:EURGBP   Euro Fx/British Pound
As you can see on the right chart, the trend in EUR/GBP             is clearly up, and recently a"Triangle" pattern has been forming. Now it looks like the price is going to make a break-out. The target is above 0.7421 high. Possible event-risk is UK GDP release due in 30 minutes.
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