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Sunday, 6 October 2013

EURGBP EXPECTED TO MAKE FURTHER DOWNSID MOVE

TECHNICAL BEAM

Further downside move expected for EURGBP following irregular ranging moves seen last week.
The wave leg (y) has just been completion and this is sure to follow with a slide south-east of the chart.




This downside move is expected to complete a wave C leg at a price target of 0.8231.

NOTE: Price predictions produced by FibonacciPrice&PatternTrader may be affected by unforseen events like hurricane, earth quake, flood and other natural disasters consequently changing price patterns already predicted. Hence we advice strict adherence to money management techniques.
HAPPY TRADING

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