EURGBP Bear Fight

2 Oca 2019

With the usual news coming from Europe of Brexit and the meetings between the Italian Government and Brussels, we believe the EURGBP may bounce in between two levels until the Italian budget is sorted with Brussels or Brexit is done in March, with a large amount of Sellers at the 0.90900 area and many Buyers at around the 0.89200 area it may mean a major political/economic event to break the cycle, if the GBP strengthens and price breaks the Bulls, we beilieve price could drop to the 0.845 area