Remember Karen Jones, technical expert with Bank Commerz, the pair EUR / GBP in the last week witnessed a retreat from the highest trading range at 0.8597.
The analyst adds that were not very price movements at the time but the price stopped ahead of a summit in April price, 0.8636. However, the analyst says, with the continued resilience of the highest price moving average 55-day closing at .85095 and the lowest at 0.8570 trading range, Vetoqat rise would continue to exist. The analyst says, "is the highest level recorded in April when the pair 0.8636 a comma before reaching the point 0.8793/0.8814 area (highs earlier in the year)." The analyst believes that in the case of the pair dropped below
0.8470 point, you might re-target 0.8422 (lows in mid-May) and extended support line for the years 2012-13 at 0.8420.
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The analyst adds that were not very price movements at the time but the price stopped ahead of a summit in April price, 0.8636. However, the analyst says, with the continued resilience of the highest price moving average 55-day closing at .85095 and the lowest at 0.8570 trading range, Vetoqat rise would continue to exist. The analyst says, "is the highest level recorded in April when the pair 0.8636 a comma before reaching the point 0.8793/0.8814 area (highs earlier in the year)." The analyst believes that in the case of the pair dropped below
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