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Is The EURGBP About To Form A Head And Shoulders Pattern?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    A renewed round of selling pressure has flooded into the GBP denominated pairs over the past 24 hours following a relatively disappointing UK Construction PMI result. In particular, the result has seen the EURGBP continue to extend its rally from the 0.7740 reversal zone. However, the recent rise is starting[​IMG]

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