Forex: EUR/GBP Technical Analysis – 0.83 Figure Marks Support

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Talking Points

  • Prices are testing 0.8299 (50% Fib exp.); below that exposes 0.8260 (61.8% Fib exp.)
  • Near-term resistance is at 0.8339 (38.2% Fib expansion)
  • A reversal higher aims for 0.8387 (23.6% Fib exp.)

Confirm your chart-based trade setups with the Technical Analyzer.

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dailyclassics_eur-chf_body_Picture_11.png, Forex: EUR/GBP Technical Analysis – 0.83 Figure Marks Support

Daily Chart - Created Using FXCM Marketscope 2.0

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

Contact and follow Ilya on Twitter: @IlyaSpivak

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