(10 AUGUST 2018)EUR/GBP:The downside prevails.

(10 AUGUST 2018)EUR/GBP:The downside prevails.

10 August 2018, 09:36
Jiming Huang
0
15

eg

Pivot (invalidation): 0.9005

Our preference

Short positions below 0.9005 with targets at 0.8965 & 0.8945 in extension.

Alternative scenario

Above 0.9005 look for further upside with 0.9030 & 0.9045 as targets.

Comment

The break below 0.9005 is a negative signal that has opened a path to 0.8965.

(By Swissquote TRADING CENTRAL) 


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