The EURGBP gets ready to decline– Analysis – 4-9-2019

Economies.com
2019-09-04 06:49AM UTC

The EURGBP price returned to form a new negative trading after testing the resistance at 0.9145, to notice its fluctuation below the moving average 55 and its stability near 0.9070, and stochastic approach from the oversold level increases the chances for gathering a new negative momentum, to support the negative overview that targets 0.9000 reaching to 38.2% Fibonacci correction level at 0.8925.

 

The expected trading range for today is between 0.9085 and 0.90000

 

The expected trend for today: Bearish

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