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

Cross EUR/GBP approached a significant support near the level of 0.9000-10 after a downward correction in the first half of the day. This support corresponds to the lower limit of the rising channel. With the preservation of the uptrend and risks around Brexit, we can expect a resumption of growth, despite the decline in activity, which will slow down all movements in the market. Buy deals are considered at a breaking out the level of 0.9020-30. The goals are located at the levels: 0.9060 and 0.9080. Support is the mark: 0.9000 and 0.8980.

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Hanzenko Anton

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