EUR/GBP Forecast October 24, 2016, Technical Analysis

The EUR/GBP pair fell slightly during the course of the session on Friday, as we continue to roll over a bit. Ultimately though, I believe that the market has massive amounts of support just waiting to be shown, and as a result I feel that the market will find buyers sooner or later, perhaps even bouncing to a fresh, new high. With this, I believe that the 0.87 level below is massively supportive, and with that being the case sooner or later the buyers will take over in this very strong uptrend. - 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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