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UnknownUnicorn890690
Dec 17, 2019 10:43 AM

EURGBP Potential 350-pips surge Long

Euro Fx/British PoundFXCM

Description

The common European currency will likely gain strength against the British Pound within the coming weeks.
The currency exchange rate edge higher by about 350 basis points during this period.
However, the EUR/GBP pair has to surpass a resistance level formed by the 21-DAY MA at 0.8483.
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