EUR/GBP to see a deeper recovery on a close above 0.8424 – Credit Suisse EURGBP Banks
a large bullish “reversal week”, clearing the path to see further gains, economists at Credit Suisse report.“The ggressive rally from key long-term support at 0.8281/17 after theleaves not only a base threatening but also a potential bullish ‘reversal week’. A close above 0.8424 today is needed to confirm, which we would then look to provide the platform for a more sustained recovery. We would then see resistance next at 0.
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