EUR/GBP Technical Analysis for July 20, 2011 |
posted 15:49 07/19/11
EUR/GBP fell on Tuesday, but still remains in the 0.88 level’s area. Because of this, the pair still looks stuck, and is going to be difficult to trade as the market simply seems to be confused at best. The overall trend seems to be up – but with all the noise coming out of Europe, this pair will be jumping at times. We are avoiding it at the moment.

Originally posted here.
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