The EURGBP resumes the decline – Analysis – 8-10-2021

Economies.com
2021-10-08 06:40AM UTC

The EURGBP pair kept its stability below 0.8610 resistance, to activate the negative attack and record some negative targets by reaching 0.8490.

 

Stochastic negative momentum signals increase the chances of forming new negative waves to target more targets by moving towards 0.8410 and press on 38.2% Fibonacci correction level.

 

The expected trading range for today is between 0.8520 and 0.8410

 

The expected trend for today: Bearish

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