Cross rates signals: EUR/GBP is near significant resistance

Cross EUR/GBP, after a correction against Monday’s decline, returned to a significant resistance of 0.8900. At the same time, the risks of the euro remain in force. Against the background of preserving the downtrend from the level of 0.8900-0.8880, it is worth considering selling deals with the resumption of the downtrend and the test of support levels: 0.8860-50 and 0.8820-00. Resistance is located at levels: 0.8920-30.

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Hanzenko Anton

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