GBPEUR bullish pull back then a long SELL

FX_IDC:GBPEUR   British Pound / Euro
The GBPEUR price has been in a bearish movement since 5 May and has encountered a major zone @1.1105 which was recently used as resistance by the price but has long stood as support. We expect the market to begin a bullish retracement to the 1.1285 zone to gather momentum then an impulsive bearish movement past the 1.1105 zone towards the next major support @1.0737.


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