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  1. EUR/GBP Technical Analysis: Daily Breakdown

    by , 01-17-2019 at 01:57 PM
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    After being confined to trading within a horizontal range between 0.89525 and 0.90607 since December, the Euro is quickly losing ground against the British Pound after a rising support line was breached as anticipated. Not only has EUR/GBP fallen about 2.25% since January 11th, but also the pair achieved its longest daily losing streak since October 9th (5 days). Fundamentally, this has been due to the latest Brexit developments.

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  2. EUR/GBP Technical Analysis: Range Support

    by , 12-07-2018 at 02:08 PM
    Last week, the Euro entered consolidation mode against the British Pound after what appeared to be a false breakout above a falling trend line from August. Since then, the range of price action has solidified as traders eagerly await a breakout. The upper boundary of resistance is a horizontal range between 0.89449 and 0.89235. Meanwhile the lower border is between 0.88384 and 0.88108.

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    There is an early warning signal that EUR/GBP's next ...