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EURGBP Retains Broader Downside Pressure

EURGBP: The cross closed lower the past week leaving risk of more weakness in the new week. As long as it trades and holds below the 0.7170/96 zone, further weakness cannot be ruled out. Support comes in at 0.7080 level. Further down, support lies at the 0.7050 level where a violation will turn focus to the 0.7000 level. A break will expose the

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