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EURGBP Weekly Technical Analysis (8-12 June,2015) | June 8, 2015



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Eurgbp is falling after rejecting from resistance level. From the resistance area, this pair has formed a bearish pin bar. This pin bar is suggesting to sell signal on this pair. So this pair can fall more. But at the moment, this pair will face little support at 0.7270 area. If it cleanly break, then we can get more fall on this pair. Next target will be 0.7100 area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7509

Resistance One (R1): 0.7392

Pivot Point: 0.7269

Support One (S1): 0.7152

Support Two (S2): 0.7029


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