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Monitor the key support at 0.9142
(By Peter Rosenstreich)
• EUR/GBP's has weakened thru uptrend but
support at 0.9142 should hold. Hourly resistance
lies at 0.9306 (29/07/2017 high). Hourly support is
given at 0.9189 (24/08/2017 low).
• In the long-term, the pair has largely recovered
from recent lows in 2015. The technical structure
suggests a growing upside momentum. The pair
is trading above from its 200 DMA. Strong
resistance can be found at 0.9500 (psychological
level).