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EURGBPTechnical Analysis (16-20 February,2015) | February 15, 2015



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Eurgbp is still on down pressure. This pair is still below support area. If this pair sustain this support, then we can see more down falling on eurgbp. It is also following a downtrend line. So it also indicates its downward pressure. Next target for this pair can be 0.7250 level. So we need to stay on downside on eurgbp. We can sell on this pair from retracement.



Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7493

Resistance One (R1): 0.7441

Pivot Point: 0.7406

Support One (S1): 0.7354

Support Two (S2): 0.7319


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