FxGrow Daily Technical Analysis – 09th Feb, 2016
By FxGrow Research & Analysis Team
EURGBP - highest since a year and test of important resistance
Since a mid-November EURGBP moved in an uptrend. Currently demand has a tough work to do, which is break above resistance at 0.7760. If it succeeds price should gain 250 pips and reach another resistance 0.8030. However if supply is stronger nearest supports will be located at levels: 0.7540, 0.7420.
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