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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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EUR/GBP - Continued Increase

EUR/GBP keeps on increase on the Brexit results. Hourly resistance can be found at 0.8310 (24/06/2016 high) while hourly support is located at 0.7681 (24/06/2016 low). The pair should now continue increase.

In the long-term, the pair is currently recovering from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is now trading far away from its 200 DMA. Strong resistance can be found at 0.8815 (25/02/2013 high).

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