Forex

The EURGBP still negative – Analysis – 4-3-2019

2019-03-04 08:08:11 GMT (Economies.com)

The EURGBP pair formed some intraday sideways trades on last Friday, affected by the contradiction of the major indicators, to postpone the previously suggested negative attack, noting that the stability of 0.8640 resistance forms major factor to confirm the domination of the bearish bias domination, waiting to gather the additional negative momentum that will allow the price to press on 0.8505 barrier followed by waiting to touch the first main target at 0.8420.

 

The expected trading range for today is between 0.8620 and 0.8505

 

The expected trend for today: Bearish

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