The EURGBP keeps declining – Analysis – 12-12-2019
Economies.com
2019-12-12 07:42AM UTC
The EURGBP price remains affected by the bearish bias domination, noticing its stability continuously within the bearish channel levels and reaching below the extra support at 0.8470, reinforcing recording new negative targets in the near and medium period.
Gathering a new negative momentum makes us expect forming a strong negative attack, to target 0.7375 level, to press on the support level at 0.8310.
The expected trading range for today is between 0.8470 and 0.8375
The expected trend for today: Bearish
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