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Coleman: EURGBP showing upside bias
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Ian Coleman has spotted signs of exhaustion in the DeMark count and the formation of an Expanding Wedge count with bias to the upside in EURGBP.
The pair traded to the highest level in four weeks earlier this month, before a mixed move to the downside.
Buyers are now below the bespoke support level at 0.7778
Buy at 0.7078
Stop 0.7058
Targets 0.7116 7145