EUR/GBP- Continues to look down
EUR/GBP - GBP looks stronger against EUR !
* GBP jumped after U.K. Core Consumer Price Index (CPI) YoY printed 3.1% ( Prev 1.9%) , Core CPI MoM (MoM) (Aug) - 0.7% ( Prev 0.5%)
After testing daily gain 0.8562,the prices slipped back to 0.8500, the Pair seems to be re-visiting the support 0.8500, a down-break of 0.8500 can expect the continuation of bearish towards 0.8459
Look for short-term selling opportunities if the price slips down from 0.8500, On the upside a break of 0.8459 will resume the rise to 0.8669 resistance followed by 0.8615.
* GBP jumped after U.K. Core Consumer Price Index (CPI) YoY printed 3.1% ( Prev 1.9%) , Core CPI MoM (MoM) (Aug) - 0.7% ( Prev 0.5%)
After testing daily gain 0.8562,the prices slipped back to 0.8500, the Pair seems to be re-visiting the support 0.8500, a down-break of 0.8500 can expect the continuation of bearish towards 0.8459
Look for short-term selling opportunities if the price slips down from 0.8500, On the upside a break of 0.8459 will resume the rise to 0.8669 resistance followed by 0.8615.
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