04.09.2017
EURGBP
The pair is in a short downtrend as the ECB is expected to stop stimulating the Eurozone's economy in 2018.
The price is below the middle Bollinger's band, above SMA 5, but below SMA 14. RSI is below the 50% level and moves horizontally. Stoch are leaving the oversold zone.
Trading recommendations:
The pair may continue falling to 0.9100 following the results of the ECB meeting this Thursday after 0.9150 level is broken.
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