EUR/GBP for the week ahead


There we have a EUR/GBP pair Daily time frame.

As we can see there is a downtrend. The price retested a marked zone.

Moving averages crossed to the downside. If the price will fail to go below the marked zone we can see a bearish momentum into the 0.84835 support.

If the price will go back into the marked zone, we can expect the price to go higher. 

The next important resistance is 0.88722

The next important support is 0.84835