Contributors Technical Analysis EUR/GBP On The Way Down

EUR/GBP On The Way Down

The EUR/GBP opened with a gap down today and dropped further. Technically, it should drop much below the 0.8900 psychological level, we have an important downside target at the 0.8813. Support can be found at the third warning line (wl3) as well. Should drop much deeper after the several false breakouts above the ML, the major downside target will be at the LML.

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