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Jan 11 - 12:55 AM

EUR/GBP: Staying Bullish For 0.9292 Ahead Of 0.9100 - Credit Suisse

By eFXdata  —  Jan 10 - 04:30 PM

Credit Suisse discusses EUR/GBP technical outlook and targets a move towards 0.9292.

"EURGBP extends its defence of key price/retracement support around .8280 and the completion of a near-term base above .8823/29 is expected to provide the platform for a deeper recovery in the long-term sideways range," CS notes. 

"Resistance is seen at .8904/08 initially, above which can see strength back to .9100/14 and potentially .9269/92," CS adds.

Source:
Credit Suisse Research/Market Commentary

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