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EURGBP is overbought

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 14, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 14 December 2015 EURGBP Spot EURGBP is overbought & good support at 7205/00 remains is the most important of the day. A break below 7200 today targets good support at 7178/75. This could hold the downside but longs need stops below 7160. A break lower targets 7143/40. Holding good support at 7205/00 is positive of course & above 7215 allows a recovery to 7240. Above here is more positive & re-targets last week's high at 7275/80. On a break higher this week look for

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