Cross-rates signals: EUR/GBP is near significant resistance

Cross EUR/GBP remains in a restrained downward channel last month, limited to its borders. Thus, the upper limit of this channel is located at the level of 0.9050, from which the rebound is expected. Transactions for sale are considered at a break through of support 0.9020-00, which will open the way to the marks: 0.8970 and 0.8950. Resistance is located at levels: 0.9030 and 0.9060.

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Hanzenko Anton

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