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EURGBP Technical Analysis (12-16 January 2015) | January 10, 2015



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EURGBP is still above support level. 0.7800 is still valid support area for this pair. If this pair can hold this support, we can see bullish movement from this level. For buy entry we need to wait for bullish or rejection candle from this support. First target for buy will be 0.7860 area and if it breaks this level then we can target 0.7900 area



Weekly Pivot, Support and Resistance


Resistance Two (R2): 0.7909

Resistance One (R1): 0.7858

Pivot Point: 0.7820

Support One (S1): 0.7769

Support Two (S2): 0.7731


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