ForexTimes
Long

Potential Buying Opportunity on EURGBP

FX:EURGBP   Euro Fx/British Pound
19 0 1
After last week's dramatic rise, all euro             pairs are showing signs of decreased upside momentum . The emergence of evening star formation on EURGBP             means the pair is likely to lose some of the gains in upcoming sessions. In view of this, I see 0.71 as a good area to look for potential buying opportunity and will be monitoring intraday charts to spot better entry/exit levels.
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