Cross-rates signals: EUR/GBP is preparing to resume the decline

Cross EUR/GBP is preparing to resume the decline on the rebound from the level of 0.8600-10 after attempts of growth on the correction after the decline. Deals for sale should be considered when fixing the pair below the zone 0.8550-60. This will indicate a resumption of decline and open the way to support levels: 0.8520 and 0.8500. Resistance is located at levels: 0.8580 and 0.8620, the update of which will cancel expectations of a decline.

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Hanzenko Anton

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