Cross-rate signals: EUR/GBP returns to downtrend

Cross EUR/GBP has returned to a two-month downtrend that has been traced since August of this year on the next wave of optimism on Brexit. It opens the way to support levels: 0.8700 and 0.8680. In this case, the limiting factor may be the divergence on H1. As a result, a repeated resistance test is possible: 0.8780 and 0.8800.

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Hanzenko Anton

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