Monday, November 17, 2008

EUR/GBP 0.852-0.853 support broken

EUR/GBP 0.852-0.853 support range broken and dropping to as low as 0.848-0.849 range after this pair goes up as high as 0.856-0.857 range. Further downside of this currency pair is expected. Next strong support should be around 0.835 - 0.839 range.

Current EUR/GBP: 0.8497

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