FX:EURGBP   Euro / British Pound
13 0
Bid intraday but the 200 HMA and 10 DMA at 0.7534/45 extert bear pressure. Thurs' bounce and positive close is a concern. Yday's price action also formed a bullish outside day. That said if the averages can hold then a fresh leg lower is on the cards. The 61.8% fibo of the life lows/highs move at 0.7256 is a viable bear target.
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