KlejdiCuni

EURGBP: Price May Bounce Back From 0.8600

Long
KlejdiCuni Updated   
OANDA:EURGBP   Euro / British Pound
EURGBP: Price May Bounce Back From 0.8600

During the previous week, the price reached our first target.

The bullish volume created during the BOE interest rate decision and the dovish comments pushed the price up but for a short period of time.

Actually, the price is back in the zone again and the chances are that it may grow from the support zone near 0.8600.

Probably the GDP data from the U.K. on Friday, London Morning, may offer us this opportunity.

Thank you and Good Luck!

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