The EURGBP renewed the negative attempts in the last period trading, providing several negative closes below 0.8750 level, suffering several losses by reaching below the moving average 55, to settle near 0.8630.
Forming additional barrier at 0.8680 level makes us expect to begin forming extra negative momentum, which forces it to suffer extra losses by reaching 0.8595 and 0.8565.
The expected trading range for today is between 0.8595 and 0.8660
Trend forecast: Bearish
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