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showmethemoney7
Jul 30, 2019 10:24 AM

EURGBP Last Line of Defense Short

Euro Fx/British PoundFXCM

Description

Previous EURGBP analysis did not work, but still, the main resistance is holding the price. If it will reject EUR's advance against GBP for good, then I would expect to see a slow decline towards the bottom. GBP is super weak so I no longer expect a super impulsive decline, however, GBP desperately need good news and may overreact if it can find one.
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