EUR/GBP Forecast November 8, 2016, Technical Analysis

The EUR/GBP pair did very little during the day on Monday, as we await the US presidential election results. The 0.90 level above is massively resistive, so we may have to work on the ability to build up momentum in order to finally break out. I think that there is a “floor” at the 0.87 level below, so I have no interest whatsoever in selling this market and I think that every time we roll back it’s going to be a nice buying opportunity based upon value. Because of all of that, I have no interest whatsoever in selling this market. - 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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