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EURGBP must beat 7265/70

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 15 December 2015 EURGBP Spot EURGBP must beat 7265/70 for a chance to retest the selling opportunity at 7295/99. Shorts need stops above 7310. A break higher targets 7329/30. Failure to beat 7265/70 targets first support at 7240/35. Further losses however risks a retest of good support at 7205/00 which remains is the most important of the week. A break below 7190 today targets good support at 7178/75. This could hold the downside initially but a break lower targets 7143/40.

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