EURGBP Shorter term forecast and key levels
I have published e details forecast of GBP futures last week.
Brexit uncertanity keeps GBP under pressure however on the Euro side; we do not see any promising signals.
On the smaller chart timeframes, EURGBP broke the shorter term ascending trend line. As of writing the pair is trading at 0.88960 and retesting the broken trend line. If the pair could contiune trading below 0.89000, 0.88600 and 0.88200 will be on the targets.
If fails to hold below 0.89000 , 0.89400 is the key resistance. Break above will lead the pair towards 0.90***.
We have already published our potential reversal pattern.
You can check our signal results
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