Bearish: Currently we are @ 0.8738 in a range. We are looking to break this current support and the looking for a continuation to the 0.786 Fibo @ 0.8669 and then to the range bottom @ 0.8622. Watch for the bounce there. The average daily true range (ATR) for the pair currently is 48 pips but it pays an average of 34% more money than the EURUSD.
EURGBP–support break?
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