FxGrow Daily Technical Analysis – 08th March, 2016
By FxGrow Research & Analysis Team
EURGBP - return above important support area 0.7710 - 0.7760
EURGBP is above very important support - area 0.7710 (support from 2008) and 0.7760 (support from 2012, 2014). Since the beginning of February there was a correction of previous strong upward movement. Today demand is trying to finish it. Price is approaching 0.7800 and after breakout of that resistance price will move in direction of 0.7920.
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