The EURGBP keeps the negativity – Analysis – 20-1-2020

Economies.com
2020-01-20 07:46AM UTC

The EURGBP pair provided new negative close below the main resistance 0.8598, to reinforce the previously suggested negative track, noticing stochastic attempts to exit the oversold areas to increase the chances of gathering the additional negative momentum and allows us to wait to provide new pressure on 0.8445 level that forms the first support against the negative trades.

 

The expected trading range for today is between 0.8565 and 0.8445

 

The expected trend for today: Bearish

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