EURGBP: Dovish BoE and Potential Upsides
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85800 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85800 support and resistance area.
We would also consider the current dovish stance from the Bank of England, that should trigger further GBP weakness against EURO.
Trade safe, Joe.
We would also consider the current dovish stance from the Bank of England, that should trigger further GBP weakness against EURO.
Trade safe, Joe.
Note
Breaking above 0.86
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Join our telegram Channel for daily market updates t.me/+TT2dOWZui9TY2QmK
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.