The currency pair Euro to British Pound EUR/GBP is trading at 0.8488. The pair broke through Ichimoku Cloud and traded above its upper limit, which indicates an upward trend in the pair Euro Pound. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 0.8450, from which one should expect an attempt of growth and development of the bullish tendency for the pair with the purpose of growth near the level of 0.8560.
Ichimoku Kinko Hyo forecast EUR/GBP on April 26, 2017
Earlier, a weak signal was received for purchases of the pair Euro Pound, due to the crossing of signal lines at the level of 0.8411. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 0.8370, which will indicate a change in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations EUR/GBP stands with the breakdown of the local maximum area at 0.8490.
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