Contributors Technical Analysis EUR/GBP Downside Uncertain

EUR/GBP Downside Uncertain

EUR/GBP posted humble gains today and still could drop in the upcoming days. Is trading in the green and tries to recover after the yesterday’s drop. Technically, it should drop after the retest of the median line (ML) of the ascending pitchfork.

Only a valid breakout above the median line (ML) and above the 0.9000 psychological level will announce a further increase towards the 0.9226 static resistance.

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