PA still looking downside for this pair... no much buying pressure from this month since Brexit deal deadline today.
The result might as price in already for bot EURO and GBP bank traders.
Anticipate to buy from premium demand zone below in coming months.
The result might as price in already for bot EURO and GBP bank traders.
Anticipate to buy from premium demand zone below in coming months.
anticipate for pullback on buying EUR back to trap seller and then continue to go down further to break 0.8300 strongly.
Long term target remain @ 0.7675 zone
By that time, EUR zone will be really messy and need to trigger QE more since interest is very low.
And also Pound will gaining more strength as more demand for Pound as political going stable further down on the road.