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londonforexopen
May 20, 2014 8:34 AM

EURGBP Gearing Up For Bounce Long

FX:EURGBP1D
Euro Fx/British PoundFXCM

Description

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With price moving towards the lower trend support, currently at 0.8109 EURGBP may soon find a floor. RSI is also approaching oversold territory. 0.8144 could prove to be a realistic short term target on an unwinding of the current move.
EURGBPLONGtechnical
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