Currency Pair:Eur/Gbp
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.7470
Trend: sustained downtrend
Possible trading range:0.71-0.7650
Signals: Once the neckline situated at around 0.7760 has been broken to the downside then that huge massive double top from the monthly chart will weigh negatively on this pair in the coming months.
Fundamentals: The dovish move in UK rate hike expectations is looking increasingly overdone and this fact may prepare the stage for a …
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