Contributors Technical Analysis EUR/GBP On The Move

EUR/GBP On The Move

EUR/GBP is trading in the red after the retest of the median line (ml) of the minor ascending pitchfork. The next downside target will be at the 50% Fibonacci line (ascending dotted line), but it could drop at least till will reach the 0.9000 psychological level. Could be attracted by the confluence area formed by the ML with the lower median line (lml).

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