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19 May 2014
EUR/GBP risks remain lower towards 0.7800 - RBS
FXStreet (Guatemala) - Strategists at RBS explained that the EUR/GBP risks remain lower.
Key Quotes:
“The first weekly close below the main support of 0.8150/60, so risk remains lower overall”.
“However, we have not had a clear break. So we need confirmation as the targets are quite far away at 0.8000/20 and potentially into 0.78/0.79 area as well”.
Key Quotes:
“The first weekly close below the main support of 0.8150/60, so risk remains lower overall”.
“However, we have not had a clear break. So we need confirmation as the targets are quite far away at 0.8000/20 and potentially into 0.78/0.79 area as well”.