EUR/GBP Technical Analysis 04.03.2013

DailyFX

EUR/GBP Technical Analysis - Prices are testing resistance at 0.8500, the 23.6% Fibonacci retracement. A break above that exposes the 38.2% level at 0.8556. Near-term support is at 0.8410, the April 1 low.

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Forex_EURGBP_Technical_Analysis_04.03.2013_body_Picture_5.png, EUR/GBP Technical Analysis 04.03.2013

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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