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EURGBP fades most of the earlier bid

EUR

EURGBP gives back most of today's bid, and eye a test at the session low.

  • This is pushing Cable back towards 1.3900.
  • Next MNI tech support in EURGBP comes at 0.8541 Low Feb 24 and the bear trigger.
  • Also worth noting the 50% retrace at 0.85329

Chart source: Bloomberg

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