EUR/GBP Breakout; Evidence Weighs On USD/JPY

EUR/GBP closing break of 4m channel resistance at 0.8276 adds to the bullish body of evidence and confirms a medium term base and turn higher, says Bank of America Merrill Lynch. “Initial targets are seen to the Oct-29 highs of 0.8587, ahead of the the 2013 highs of 0.8772/0.8816 and beyond,” B…

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EUR/GBP Breakout; Evidence Weighs On USD/JPY – BofA Merrill

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