EUR/GBP Price Forecast: Reaches crossroads after completing abc move and pulling back

EUR/GBP pulls back after peaking in the 0.8440s. On Tuesday it bounced off key support (gray dashed line) at multi-year lows and surged over a penny higher.
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Oil: A price increase is likely – Commerzbank

The outcome of the US presidential election is also likely to have an impact on the oil market.
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