• EUR/GBP h as b ro k en t h e support at 0.8575, validating a double-top formation. A move towards the support at 0.8445 is expected as long as the resistance at 0.8598 (18/03/2013 high) holds. Monitor the test of the hourly support at 0.8505 (19/03/2013 low). • Yesterday’s whipsaw ab…
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EUR/GBP – Short-term double-top formation still in place
