Monday, November 17, 2008

EUR/GBP 17 Nov 2008

EUR/GBP opened gap down and drop to 0.852 - 0.853 range which is the first critical support for this pair. If this pair break down further below this range, it might drop to 0.846 - 0.847, then with next support at 0.841 - 0.842 and 0.835 - 0.839 range which is stronger support at this level..

Current EUR/GBP: 0.854

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