Currency pair EUR GBP continues to fall within the framework of the descending forex 1:1 model. The purpose of the fall is the area on the lower level of 0.8430 with a potential test of the rising channel’s lower border, where we can expect the beginning of growth of quotations of the euro the pound to a local maximum.
EUR GBP FOREX Euro Pound forecast on September 1, 2016
Cancellation option will be the continuation of falling of strong growth and the breakdown of 0.8570 area, which indicates the completion of the fall and the beginning of the upward correction for the pair. EUR GBP
EUR GBP FOREX Euro Pound forecast on September 1, 2016 suggests an attempt to continue the drop in prices in the region at the level of 0.8430 with a possible test of the rising channel’s lower border.
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