Forex | Forex | Forex Analysis - EUR/GBP (18/08/2009 08:50:54)

Forex Analysis - EUR/GBP

Forex Technical Analysis The euro to pounds chart is at an interesting point as following its recent reversal higher we are once again re-testing the 86.50 price handle where there have been no less than 8 previous attempts over the past 7 weeks.  The daily chart now looks bearish once again and given yesterday's candle which closed as a shooting star, coupled with that of Friday, both of which have deep upper shadows, would suggest that we may see a fall in the euro in the short term and

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