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Technical Analysis
EURGBP reverses lower and falls below 100/200 hour MAs
EURGBP on the hourly chart As the EURUSD moves lower, so does the EURGBP (which may be helping the EURUSD decline as well). Looking at the hourly chart, the price moved above a swing area between 0.8367 and 0.83717 in the European session. That sent the price up to a high near 0.8378.
Source: www.forexlive.com
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