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EURGBP - FUNDAMENTAL AND TECHNICAL VIEW

Euro / British Pound (FX:EURGBP)  
benny_marshall  
FX:EURGBP   Euro / British Pound
Wave Analysis Trend Analysis Fundamental Analysis EURJPY eurjpyfundamentals eurjpysignal eurjpyanalysis eurjpyelliottwave eurjpyforecast eurjpysignals eurjpypattern eurjpyprediction
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waveanalysis trendanalysis fundamental eurjpy eurjpyfundamentals eurjpysignal eurjpyanalysis eurjpyelliottwave eurjpyforecast eurjpysignals eurjpypattern eurjpyprediction
#EURGBP

- Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention the BOE intervention. The reason for NEGATIVE SENTIMENT in EUR is USD BUY. Due to this reason, all MARKETS including STOCKS can be seen UP due to MARKET RISK OFF. It affects the EUR in a big way.

- EURGBP can definitely go up to the SUPPORT LEVEL below. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.9200 LEVEL. And before that EURGBP can be SELL to 0.8565 LEVEL.
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