EURUSD shows no signs of slowing with the expanding wedge base the next formidable target (at 1.09710). The ‘rule of nine’ should apply for GBPUSD today. This rule dictates that after nine positive or negative bars in succession, we should see a correction. EURUSD down / GBPUSD up = EURGBP down.
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Correlation to push EURGBP lower
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