EUR/GBP Forecast September 27, 2016, Technical Analysis

The EUR/GBP pair rallied during the course of the session on Monday, but found a little bit of resistance above there. The 0.87 level has been pretty resistive in the past, and as a result we ended up forming a little bit of an exhaustive candle. However, I do think that eventually we will break over the top of the range for the session on Monday, and once we do that would be a buying opportunity. If we do fall from here, more than likely we should find supportive candles they offer buying opportunities below as well.

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