EUR/GBP: Challenging the support at 0.8411

EUR/GBP has declined sharply after failing to break the resistance area between 0.8602 and 0.8659. Monitor the test of the key support at 0.8411 (01/04/2013 low, see also 38.2% retracement). A resistance for a bounce is given by 0.8497 (24/04/2013 low). • From a longer-term perspective, …

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EUR/GBP: Challenging the support at 0.8411