Eurozone PMI data released this morning confirms the ongoing slowdown in the economy which is expected to continue to apply downside pressure on the Euro. PMI data out of the UK surprised to the upside which pushed the EURGBP below its horizontal resistance area. With bearish momentum on the rise, will the downtrend in price action continue or will bulls force a reversal. Get you trading set-up now and only at PaxForex Daily Fundamental Analysis where our expert analysts guide you through the forex market; earn over 500 pips per month.
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