EUR/GBP Technical Analysis - Prices are recovering to test above resistance at 0.8595, the 23.6% Fibonacci expansion. A break upward initially targets the 38.2% level at 0.8687, followed by the 50% mark at 0.8687. Major support is at 0.8446, the February 8 low.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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