EURGBP got a hit on the chin today after the rumors that EU may offer a two year transition period to the UK. The pair broke below the 100h MA and sellers are in full control i expect the price to go down to 0.88.
EURGBP managed to recover from the 0.8655 and broke emphatically above the trend line resistance at 0.8700. Longs are in full control as GBP is under pressure across all majors, i am targeting 0.8629 level
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