Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Wed, 15 Aug 2018 09:19:31 +0300
30 Minutes
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EUR/GBP

 

ENTRY 0.89141 TARGETS 0.89113 0.89098 0.89070 0.89035 STOP LOSS 0.89212

 

Scenario 1

If the bears manage to push prices below the key support level at 0.89141, EURGBP will trigger a sell signal with immediate take-profit targets at 0.89113 and 0.89098.  A protective stop loss at 0.89212 is highly recommended.

Scenario 2

Should the pair manage to exceed the resistance level at 0.89212, it will eliminate the downtrend scenario, generating a buy signal.