EUR/GBP Forecast November 30, 2016, Technical Analysis

The EUR/GBP pair fell at the beginning of the session and tested the 0.85 level for support. The market has quite a bit of support just underneath at the 0.8450 level below, and as a result every time we rally I suspect that the sellers will get involved. If we break down below this level, I think then we start to target the 0.8350 level. The 0.87 level above is massive resistance, and as a result I think it’s not until we break above there until we start going long. Until then, selling exhaustion as the only way to go. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the