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EURGBP - Hopes For US-China Trade Negotiations Boost Sentiment, Brexit Talks And Key Data On The Agenda

16-08-2018 04:13

Technical Analysis: EURGBP bullish bias eases EURGBP is trading roughly 90 pips below last week’s 10-month high of 0.9029. The Tenkan-sen remains above the Kijun-sen in support of a bullish bias, thou...

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EURGBP Levels: Watch 0.8905

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EURGBP –Bias flips to the downside

Monthly: Since posting large nett losses in September 2017 (-395 pips) the cross has moved sideways. We can note spikes for the last 10 months highlighting indecision. The RSI (Relative Strength Index ...

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EURGBP swings back down toward the 50%/200 hour MA

The EURGBP is moving toward support defined by its 50% of the recent move higher and the 200 hour MA at 0.8936 -0.89417 area. The low just reached 0.8943. Earlier today, the first plunge lower stalled ...

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EURGBP Simple Uptrend Pullback

EURGBP keeps climbing as it trades above an ascending trend line connecting the lows since late July. Price recently busted through resistance around the .8950 minor psychological level and hit a high ...

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