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Eu seems to be moving in a ladder step overall I believe Eu is a bull in the long term run at 1.18 depending on how it reacts expect a bigger move either to the upside or a strong support formed on the weekly. Please follow if you agree
EU is bearish on the daily but on the monthly from April to May it took like an uptrend. On the 4 hours which I mainly trade on the ichomoku shows that it is bearish for this week maybe a small pullback by 30 - 50 pip then a big drop for the week.
news from Johnson positive new year message which will affect GBP pair next week
Johnson to meet EU leader in London for a positive statement about negotiating a deal
If price goes above the yellow line in the 144 price that is a sign of a strong bullish movement
if price goes below the the yellow line at the 141 price that is a sign of a continuous decline in GBP