The UK will head to the polls next Thursday December 12th. On the same day we also have the release of ECB Interest Rate, the first since Christine Lagarde became president.
EUR/GBP on a Daily TF dropped to 0.84302, the lowest since May 2017. The price broke out of a range it’s been in since mid-October.
signal cross is accompanied by a histogram. DMI is registering a strong .
Resistance: R1 0.84882, R2 0.85252, R3 0.85611.
Support: Once the pair breaks below 0.84302: S1 0.83820, S2 0.83312.