The EURGBP pair moves into new negative track – Analysis – 20-9-2019

Economies.com
2019-09-20 07:06AM UTC

The EURGBP pair hinted keeping the bearish bias domination by declining below the bearish channel’s support line represented by 0.8810 level, to move into new negative track as appears on the chart, also, stochastic move towards the oversold areas reinforces the negative overview by providing new negative momentum to ease the attempt to move towards 0.8760 followed by 0.8690 levels in the near term and medium term period.

 

The expected trading range for today is between 0.8810 and 0.8760

 

The expected trend for today: Bearish

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