EURGBP breaks out from falling wedge EUR/GBP has been trading below sharp descending resistance after topping in early September at a multi-month high at 0.9258. The pair may attempt to break out of the downtrend, which if successful could be met with an aggressive buying bout if it signals the start of a short-term recovery. Having said that, EUR/GBP may cap its gain at stubborn resistance at 0.9190.
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