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EURGBP Bull Pressure Now Builds Up On Resistance Zone

EURGBP- Having reversed its intra day losses to close slightly higher on a rejection candle on Monday, bull pressure now builds up on resistance zone at 0.7250.

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EURGBP Bull Pressure Now Builds Up On Resistance Zone

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  1. Gives You A Trading Decision Edge GBPUSD Technical Strategy FXTechstrategy Tuesday 08 Dec’15 Highlights: Currency Technical Research EURGBP: Bull Pressure Now Builds Up On Resistance Zone www.fxtechstrategy.com 12/8/2015 www.fxtechstrategy.com

  2. FXTechstrategy Commodity Technical Strategy F USDCAD EURGBP: Bull Pressure Now Builds Up On Resistance Zone EURGBP- Having reversed its intra day losses to close slightly higher on a rejection candle on Monday, bull pressure now builds up on resistance zone at 0.7250. On the upside, resistance lies at the 0.7240 level where a violation if seen will turn risk towards the 0.7280 level. Further out, the 0.7320 level comes in as the next upside target followed by the 0.7360 level. On the downside, support stands at the 0.7160 level where a violation will push it lower towards the 0.7120 level. Further down, support lies at the 0.7080 level where a violation will turn focus to the 0.7050 level. A break will expose the 0.7000 level. All in all, the cross remains biased to the upside in the short term as bull pressure now builds up on resistance zone at 0.7250. 12/8/2015 www.fxtechstrategy.com

  3. FXTechstrategy Technical Strategy f GET STARTED with any of our Research Products & Services – All Include Trade Alerts/Ideas PRO Plan - PRO Plan is produced and delivered daily by email and covers (7 currency pairs) EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, EURGBP and EURJPY. STARTER Plan – Starter Plan covers 4 currencies which include EURUSD, GBPUSD, USDJPY and EURGBP and is produced and delivered by email every day. PREMIUM Plan – Premium Plan is a combination of PRO Plan (7 currencies) and Commodity Plan (GOLD, CRUDE OIL, SILVER, WHEAT & CORN). It is produced and delivered through email daily. COMMODITY Plan- Commodity Plan focuses on the commodity market analyzing 5 commodities every single day. The commodities covered are GOLD, CRUDE OIL, SILVER, WHEAT and CORN. TRADE ALERTS/IDEAS - Detailed technical buy/sell entries, stop losses and price targets. It comes with 2 step price/profit targets. We also have updates during the trading sessions with trade tracking and trade management. GET STARTED HERE Weekly Technical Outlook - It is produced each week with a short term outlook employing both daily & weekly charts. This technical research is intended to provide a historical, in addition to a forward-looking forecast for the current month. It covers 2 currency pairs every week 12/8/2015 www.fxtechstrategy.com

  4. FXTechstrategy FXT Technical Strategist Plus Disclaimer f This report is prepared solely for information and data purposes. Opinions, estimates and projections contained herein are those of FXTechstrategy.com own as of the date hereof and are subject to change without notice. The information and opinions contained herein have been compiled or arrived at from sources believed to be reliable but no representation or warranty, express or implied, is made as to their accuracy or completeness and neither the information nor the forecast shall be taken as a representation for which FXTechstrategy.com incurs any responsibility. FXTstrategy.com does not accept any liability whatsoever for any loss arising from any use of this report or its contents. This report is not construed as an offer to sell or solicitation of any offer to buy any of the currencies referred to in this report. Click here for full disclaimer 12/8/2015 www.fxtechstrategy.com

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