EURGBP HAS BEEN SELLING OFF DUE TO THE SIGNIFICANT STRENGTH IN THE GBP OF LATE.
TODAYS SEES THE VOTE ON A NEW BREXIT DEAL AND IF ANY POSITIVE NEWS COMES OUT
OF THIS CURRENT DEAL WE SHOULD SEE GBP STRENGTH CONTINUE WITH A BREAK OF
THE 0.8620 LOWS.
IF PRICE DOES BREAK LOWER LOOK FOR THIS MARKET TO CONTINUE LOWER, ESPECIALLY IF
GBPUSD BREAK THE 1.3300 HIGHS.
ANY NEGATIVE NEWS HERE WILL PUSH PRICES BACK INTO THE LONG TERM RANGE ON EURGBP.
TODAYS SEES THE VOTE ON A NEW BREXIT DEAL AND IF ANY POSITIVE NEWS COMES OUT
OF THIS CURRENT DEAL WE SHOULD SEE GBP STRENGTH CONTINUE WITH A BREAK OF
THE 0.8620 LOWS.
IF PRICE DOES BREAK LOWER LOOK FOR THIS MARKET TO CONTINUE LOWER, ESPECIALLY IF
GBPUSD BREAK THE 1.3300 HIGHS.
ANY NEGATIVE NEWS HERE WILL PUSH PRICES BACK INTO THE LONG TERM RANGE ON EURGBP.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.