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Capped By Downtrendline Into London Close

EURGBP

EURGBP's grind higher continues into the WMR fix, with today's high of 0.8852 well within range of downtrend resistance drawn off the Feb 3 high at 0.8856. This could contain prices headed into the new week, but a break above opens the Mar 23 high at 0.8866 and 0.8880 further out - the 61.8 retracement of the Feb 3 - Mar 15 bear leg

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