Price action on EUR/GBP, a daily chart of which is shown, has just further extended its fall within the prevailing downtrend, breaking down below strong support, as last week’s EUR/GBP analysis indicated might be the case. In breaking down below key 0.8200 support on Monday (6/28/2010), price action has established
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EUR/GBP Extends Fall to Hit Fresh 19-Month Low
– June 28, 2010Posted in: Forex Technical Analysis