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EUR/GBP - Stuck at 50% Fibo of 2008 high-2015 low

FX_IDC:EURGBP   Euro Fx/British Pound
Monthly chart clearly shows the pair is having a hard time moving above 50% Fibo of 2008 high-2015 low of 0.83706. As of now the pair is grappling with a major falling trend line resistance.

Monthly closing above 0.83706 is something the bulls would be looking out for.

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