Forex: EUR/GBP fails to attack 0.8600

on Jul 1, 2013
Listen Monday July 01st_: Today the daily candle opened at 0.8551, the price subsequently reached a high at 0.8589 (20 June high) and has since rebounded to the current 0.8563. The pair has been occupying the 129-pip range of 0.8467 to 0.8597 since the end of May. 0.8600 has looked unattainable since last reached on 17 April.

The MA89 and MA200 are supporting an upwards movement, moving below the price action on the 1H, 4H and 1D charts.
Resistances: 0.8589, 0.8600 and 0.8635.
Supports: 0.8547, 0.8510 and 0.8467.
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