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EURGBP Outlook 7-11 November, 2016 | November 6, 2016
Eurgbp has rejected from 200 ema. This ema can be good support for this pair. Strong bullish candle has been formed on 200 ema. So it is indicating bullish sign for this pair.
We recommend to take buy entry on this pair and stop loss will be below the 200 ema and target will be 40-80 pips for this pair.
On the other hand, if this pair can break the ema, then we can go for sell on this pair. Target for sell will be 0.8710 level.
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