EUR/GBP Technical Analysis – Prices edged below support at 0.8494, triggering the stop-loss on our long position. Sellers now aim to challenge Triangle resistance-turned-support at 0.8458. Alternatively, a move back above 0.8494 aims for a horizontal pivot at 0.8575.
Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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