Allmypips

EURGBP Sideways or Waiting for Sell At Resisrtance 0.9080

Short
FX:EURGBP   Euro / British Pound
EUR/GBP has not changed much in the last couple of weeks and holding critical resistance level 0.9010. However, we think that the sideways correction could be close to completion. Very importantly a break above resistance at 0.9040-50 will confirm a strong impulsive rally towards 0.9499 and above. A failure to break above minor resistance at 0.09060 will extend the sideways correction for a bit longer.

BOE expecting to announce more QE And dovish comment could send EURGBP higher high.

🛑SUPPORT/RESISTANCE
✅S1= 0.8840
✅S2=0.8670
✴️R1=0.9085
✴️R2=0.9310
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