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Long

Potential Buying Opportunity on EURGBP

FX:EURGBP   Euro Fx/British Pound
19 0 1
After last week's dramatic rise, all euro             pairs are showing signs of decreased upside momentum. The emergence of evening star formation on EURGBP             means the pair is likely to lose some of the gains in upcoming sessions. In view of this, I see 0.71 as a good area to look for potential buying opportunity and will be monitoring intraday charts to spot better entry/exit levels.
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