The currency pair Euro Pound EUR/GBP is trading at the 0.8431 level. The pair is below the Ichimoku Cloud, which suggests the presence of a downward trend that was more a signal of average power in favor of the continuation of the fall and the development of the downward trend. It is necessary to expect continuation of decrease in the area below the level of 0.8370.
Ichimoku Kinko Hyo forecast EUR GBP on February 23, 2017
Cancellation option euro quotations falling pound will make sample or rather the border of the Ichimoku Cloud and closing quotes above the level of 0.8575, which indicates the potential change of the trend in favor of growth. But do not rule out a correction of quotations of the euro to the pound fast signal line and the continued decline.
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