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EUR/GBP bounces off support

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)SellNeutralNeutral
Alligator(13;8;5)BuyNeutralSell
SAR(0.02;0.2)BuyBuySell
Aggregate⇗⇗⇘

[ANNOUNCE]The common European currency declined by 1.02% against the British Pound since last week's trading sessions. The currency pair tested the 0.8600 level on September 20.[/ANNOUNCE]

Technical indicators suggest buying signals on the 4H time-frame chart. Most likely, the exchange rate could continue to edge higher during the following trading sessions.

However, the EUR/GBP currency exchange rate could encounter resistance near the 0.8600 area within this week's trading sessions.

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