EUR/GBP Technical Analysis for July 11, 2011

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By ForexMansion.com

 

EUR/GBP fell on Friday, showing how weak the pair has suddenly become. The pair closed towards the bottom of the daily range, and this shows a failure of confidence in the Euro. The pair looks set to test the 0.88 level again, and as such – we are stepping back on the daily chart and looking for longer-term set ups.

Originally posted here

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