8 Jun 2015
SEB: EUR/GBP might see additional losses below 0.7253 – eFXnews
FXStreet (Barcelona) - The Technical Strategy Team at SEB believes that EUR/GBP might see additional selling below 0.7253, as noted by eFXnews.
Key Quotes
“After having stalled and turned lower at the 78.6% Fibo point the pair on Friday accelerated the decline (that primarily should be targeting 0.7127 (78.6% of the recent advance).”
“Below 0.7253 more supply is expected to hit the market.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“After having stalled and turned lower at the 78.6% Fibo point the pair on Friday accelerated the decline (that primarily should be targeting 0.7127 (78.6% of the recent advance).”
“Below 0.7253 more supply is expected to hit the market.”
This content has been provided under specific arrangement with eFXnews.