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MujkanovicFX

EURGBP Potential Sell on D1, 21-month low

Short
Euro / British Pound (FX:EURGBP)  
MujkanovicFX  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Beyond Technical Analysis EUR GBP EURGBP brexit SELL sellsetup sellsignal
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trendanalysis chartpattern beyondta eur gbp eurgbp brexit sell sellsetup sellsignal
EURGBP fell to an almost two-year low as markets expect that a no-deal Brexit is less likely. The previous sideways trading had a range of around 460 pips, which means that 0.82xx might be in sight in the coming period.

Still, there are still major headline risks for GBP, so be cautious when trading the currency.

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