EUR/GBP Weekly Outlook – If 0.88 Becomes Support, 0.8940 and 0.9140 is in Sight

By | April 9, 2011

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The EUR/GBP is accelerating and chances are, we already completed an ABC correction. In the Elliott Wave model, it would have been an expanded flat.

The RSI in the 4H chart broke above 60, and is threatening to crack 70 soon. This would help build the case for bullish continuation, and

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