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Forex pairs in this Article » EUR/GBP
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Talking Points

  • A Rising Wedge chart pattern warns a reversal lower may be brewing ahead
  • Breaking support at 0.8498 (38.2% Fib, Wedge bottom) exposes 0.8435 (23.6% Fib)
  • Pushing above the Wedge top (now at 0.8572) initially targets 0.8602 (61.8% Fib)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_eur-chf_body_Picture_8.png, Forex: EUR/GBP Technical Analysis – Wedge Hints at ReversalDaily Chart - Created Using FXCM Marketscope 2.0

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