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Tuesday, July 25, 2017

EUR/GBP: Short Position Opportunity

There is Short Position Opportunity on EUR/GBP. There is a big chance for the currency pair to continue the bearish trend.

The market will try to bring EUR/GBP down to the yellow zone as seen in the following illustration.

Forex Technical Analysis for EUR/GBP

Signal for today:
Sell @ 0.89490
SL @ 0.89764
TP @ 0.89394

Shall EUR/GBP break below 0.89370 then the pair will most probably continue the bearish trend down to 0.89270.