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EUR/GBP is Waiting for Supportive Candles

Discussion in 'Technical Analysis' started by Daily.Forex, Jul 7, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    The EUR/GBP pair initially tried to rally during the course of the day on Wednesday, but turned right back around to form a massive shooting star. The markets are a bit parabolic at this point in time, so therefore it is easy to think that we are overbought.

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