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Nivo rezistans kle yo: 0.9200, 0.9400, 0.9600
Nivo de sipò kle yo: 0.8800, 0.8600, 0.8400
EUR / GBP Pri Alontèm tandans: Bearish
Recently, EUR/GBP was earlier in an uptrend as the pair reached a high of 0.9000. The pair is facing rejection at the recent high as the market resumes downward move. The market has fallen and has reached a low of 0.8976.
Chak jou Tablo Endikatè Lekti:
50-jou ak 21-jou SMA yo ap pant anba ki endike tandans anvan an. Pè a se nan nivo 46 nan peryòd la Relative fòs Index 14. Liv la se anba liy lan santral 50 epi li se nan zòn nan downtrend.
EUR / GBP mwayen-tèm tandans: bearish
On the 4-hour chart, the EUR/GBP pair has retested the resistance at $0.8990 twice as it resumed downward. On November 16 downtrend; a retraced candle body tested the 38.2 % Fibonacci retracement level. This implies that the pound will fall to level 2.618 Fibonacci extensions. That is it will reach level 0.8893.
4-èdtan Tablo Endikatè Lekti
The 50-day SMA and 21-day SMA are sloping upward. It indicates the previous uptrend. The pair is above 40% range of the daily stochastic. It indicates that the Pound is in a bullish momentum. However, the bears have taken control of price as selling pressure resumes.
Jeneral pespektiv pou EUR / GBP
The EUR/GBP pair was earlier in an uptrend as it reached the recent high at 0.9000. The pair is falling as it faces rejection at level 0.9000. According to the Fibonacci tool analysis, the pound will fall and reach a low of 0.8893.
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