The currency pair Euro to Pound EUR/GBP continues to trade in the downward channel and at the moment there is a potential for falling quotations in the area below the level of 0.83. In favor of the fall of the Euro Pound is a downtrend test of the trend, as well as a dense test of the downward trend line on the indicator of relative strength.
EUR/GBP Forecast Euro Pound on April 17, 2017
Cancellation of the variant of the pair price reduction will be the breakdown of the area 0.8550, which will indicate the perforation of the growth of the euro pound pair. To expect the acceleration of the fall of EUR/GBP stands with the breakdown of the area of 0.8465.
EUR/GBP Forecast Euro Pound on April 17, 2017 suggests an attempt to continue the decline of quotations in the area below the level of 0.83 as part of the rebound from the downward trend line on the indicator of relative strength.
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