EUR/GBP Forecast October 11, 2016, Technical Analysis

The Euro rallied at one point during the early hours on Monday, but then fell to hover around the 0.90 level yet again against the British pound. This is a market that has crashed into a very significant barrier, and with that being the case it makes sense that we will continue to grind overall. I think pullbacks should be buying opportunities going forward, as this market is most certainly bullish overall in the longer term. With this being the case, a break above the top of the candle for the session on Monday could be reason enough to go long. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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