Cross-rate signals: EUR/GBP is near significant resistance - Ester Holdings
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Cross-rate signals: EUR/GBP is near significant resistance

After almost two-week movement in a downtrend, the pair EUR/GBP approached a significant resistance level of 0.8810-30, which corresponds to the upper limit of the downward channel. In the conditions of the formation of the retreat from this level, one should expect a resumption of the decline. The main objectives in this case are located at the levels: 0.8780-60 and 0.8740-30.

Fig. EUR/GBP. The current price is 0.8810.

Hanzenko Anton

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