By Peter Stoneham — Dec 06 - 04:40 AM
EUR/GBP was due a correction following a sharp seven day decline
Thursday's modest bounce eased some of the over sold condition
Bearish confirmation on most studies but slow stochs are still stretched
Early Friday and potential for a bearish resumption
Wednesday's 0.8270 low the initial support point
We lean bearish and will look for better entry levels to the short side
EUR/GBP Trader TGM2343
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Source:
London Stock Exchange Group | Thomson Reuters