EURGBP Trading @ 7 Year Low


EUR GBP trading at 7 year low. After breaking below 0.70369 level we can expect further downside upto 0.6500 level in future.

Last year EUR weakness continuous on this year first quarter, then this free fall was stopped by 0.70369 support level. Now this important level breaches so we could expect further downside.

On the other side some improvement in Greek Drama that's news will pause the current downtrend, but in medium term we can expect further downside.

Happy Trading...
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