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.
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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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