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EUR/GBP: Bulls Expected to Resume After Extended Consolidation

The cross firmed on Thursday after Wednesday’s close in red but continues to face headwinds at 0.8850 barrier (50% retracement of 0.9498/0.8202), as the action failed to break clearly higher in three consecutive attempts. Technical studies on daily chart show rising positive momentum and MA’s in full bullish setup, underpinning the action, though overbought conditions […] The post EUR/GBP: Bulls Expected to Resume After Extended Consolidation appeared first on Action Forex... Read More

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Eur

Gbp

Bulls

Expected

Resume

After

Extended

Consolidation

Eur gbp

Forex

Posted: Dec 29 2022, 15:22

Author Name: actionforex

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