Source: Thomson Reuters
- EUR/GBP continues to extend south, retraces 0.7015/0.7385, lows of 0.7167
- Pair back under the 50% retrace at 0.7199 after the fail to close below yesterday
- Sustained move under builds bear sentiment and puts short in solid shape
- 61.8% of 0.7015-0.7385 at 0./7156 is next up, cloud continues to wedge lower and weighs. Base is at 0.7226


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