The currency pair EUR/GBP is trading at 0.8635. Quotes pair arranged above the Ichimoku Cloud, which indicates the continuation of an upward trend on the pair with a potential upside target above 0.8675 area.
Ichimoku Kinko Hyo forecast EUR/GBP on March 6, 2017
But do not exclude the correction of quotations attempt pair EUR/GBP in the region at the level of 0.8580, where once again we can expect attempts of growth. previously it received a weak signal to buy the pair, and the forex market works off signal right now.
Cancellation option Euro Pound continued rise in share price will drop and the breakdown of the lower limit of the Ichimoku Cloud with closing quotations below 0.8410 area, which indicate the likely change of trend in favor of fall.
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