Currency pair EUR/GBP is trading at 0.8578. Quotes continue to move above the Ichimoku Cloud, which suggests the presence of an upward trend and continue to grow a pair pound euro.
Previously it received a weak signal in favor of shopping, and at the moment is consider opening long positions on the pair with a potential upside target above 0.8650 area.
Ichimoku Kinko Hyo forecast EUR/GBP on March 3, 2017
Cancellation option euros rise in share price will fall in the pound and the breakdown of the lower limit of the Ichimoku Cloud with closing quotations below 0.8445 area, which indicate the likely change of trend in favor of fall. Also, do not rule out a quick test, try the signal line Senkou A and continued growth after the testing of this line.
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