The currency pair Euro to British Pound EUR/GBP is trading at 0.8718. Quotations for the pair broke through the Ichimoku Cloud area and began to trade above the upper limit, indicating an upward trend in the pair Euro Pound. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 0.8690, from which one should expect an attempt of growth and development of the bullish trend for this pair with the aim of increasing the level of 0.8790.
Ichimoku Forecast EUR/GBP on March 30, 2017
Earlier, a weak signal was received for the purchase of the pair Euro Pound, due to the crossing of the signal lines at the level of 0.8660. The cancellation of the variant of growth will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 0.8640, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations EUR/GBP stands with the breakdown of the local maximum area at the level of 0.8740.
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