EUR/GBP Neutral

EUR/GBP is trading mixed. The pair is trading between support ranging at 0.88023 (18/01/2018 low) and resistance at 0.8929 (01/12/2017 high). Expected to show further sideways trading.

In the long-term, the pair has largely recovered from lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading in the range of its 200 DMA. Strong resistance can be found at 0.9500 (psychological level)

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