Hi all,
I expect a breakout in the EURGBP pair tomorrow, after Draghi speaks.
Also , we should see some conclusions from the EU vs UK Brexit negociations.
All in all, given the dire outlook for UK's economy and the Brexit negotiations uncertainty i am pretty bearish on the pound.
I expect a rise in the pair to the .89 - .894 level, if the speech by Draghi is considered bullish.
More info about my view, in the graph bellow:
Disclaimer: this is not an advice to trade. It is just my own opinion. Pl…