EURGBP on the Brink of Decline
Beautiful flat is seen for the EURGBP that could be traded in the beginning of May. Resistance around 0.8860 survived perfectly. If it goes below 0.8730 I will expect it down to 0.8570. The pair was squeezed for 6 months. So, the got to be a breakout soon. There is also another downside target 1.8% lower of 0.8570. In case, it goes further down.
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