The currency pair Euro to British Pound EUR/GBP is trading at 0.8647. The pair continues to trade below the lower boundary of the Ichimoku Cloud, indicating a downward trend in the pair Euro Pound. An attempt is expected to fall and develop a bearish trend for this pair in order to reduce the level of 0.8540.
Ichimoku Kinko Hyo forecast EUR/GBP on March 28, 2017
Earlier, a weak signal was received for the sale of the pair Euro Pound, due to the crossing of the signal lines at the level of 0.8730. The abolition of the decline option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 0.8720, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in quotations EUR/GBP is with the breakdown of the local minimum area at 0.8565.
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