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May 14 - 07:24 AM
EUR/GBP - Above Its Cloud But Close Above Needed
First appeared on eFXplus on May 14 - 05:30 AM
  • Another attempt to get clear above the daily cloud top at 0.8818
  • Big swings in price making the tech call tough: today's move tentative
  • Current bullish bias argues buying into dips towards 0.8781 cloud base
  • Lack of traction above the cloud brings bear strategies into play too
  • We will stand aside waiting for stronger signals

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