EUR/GBP Forecast July 3, 2017, Technical Analysis

The EUR/GBP pair fell initially during the day on Friday but found support at the 0.8750 level. We are currently crashing into the 0.88 handle, and a break above the 0.8815 level should send this market even higher. The market has been well supported over the longer term, so if we can break out to the upside that would be bullish, not only because of that, but because it breaks above the top of the shooting star for the week. Alternately, if we break down below the 0.8750 level, that would be a selling opportunity. - 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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