EUR/GBP reversed yesterday’s move, bouncing hard today. The pair retested the 0.88 level, and should prove this area’s importance again. The pair failed to break above it, and may find it as resistive in the near future. Traders should pay close attention to this level as it should give future direction hints in this pair. Until we make a strong move in one direction or another form the 0.88 level – sit tight.
Originally posted here
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