ToniSignals

EUR/GBP Signal - GBP ILO Unemployment Rate - 15 Jul

Short
FX:EURGBP   Euro / British Pound
EURGBP is trading to resistance prior to the GBP Unemployment rate data, which measures the amount of the workforce unable to find employment domestically. Technically the pair has traded to a key resistance level, and is also at 200 hour moving average resistance. We anticipate downside from here into the 0.8497 level.


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