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EURGBP Strength Could Be Deceptive

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ECB’s policy decision produced fireworks in EURGBP on Thursday. The pair initially fell to 0.7651, but then rose sharply to 0.7848. Trouble is, this gives us no clue about what to expect from the pair next. Is it a “buy” or a “sell”? Fortunately, the Elliott Wave principle eliminates the “flip a coin” approach, by […]

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