The EURGBP keeps the negative stability – Analysis – 24-2-2020

Economies.com
2020-02-24 07:24AM UTC

The EURGBP pair price remains stable negatively below 0.8408 level, to form an extra barrier against the bullish correctional trading, to begin forming new bearish waves by its stability at 0.8365.

 

and that makes us prefer more of the negative attempts, targeting 0.8275 level initially, then wait for reaching 50% Fibonacci correction level at 0.8124.

 

The expected trading range for today is between 0.8400 and 0.8275

 

The expected trend for today: Bearish

 

 

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