The EURGBP prepares for new decline – Analysis – 13-9-2021
Economies.com
2021-09-13 04:32AM UTC
The EURGBP returned to fluctuate below 0.8590 barrier, affected by the negative pressures that come from the main indicators, to increase the chances for renewing the negative attempts, we expect reaching 0.8480 to form the initial negative target for the bearish track, and surpassing it will allow providing strong pressure on 0.8410 level that represents 38.2% Fibonacci correction level.
The expected trading range for today is between 0.8580 and 0.8480
The expected trend for today: Bearish
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