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GLby u/goldbug_lena·2dAnalysis

EURGBP testing 0.8540 support again

Watching $EURGBP today, it's bouncing off that 0.8540 region yet again. It held yesterday, and the day before, so it seems like there's some decent demand there for now. If it breaks below 0.85398 with any conviction, then my whole "support" thesis is probably out the window, and we'd likely see a deeper move down.

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1 Comments

JMu/james.moreau·2d

Agree, that 0.8540 level has been quite sticky. Do you have a specific target in mind if it does manage to hold and bounce from here?

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