EUR/GBP to Hit Equal Low of 0.8765. Analysis For April 07, 2020


As we see from the 4-hour chart, the nearest liquidity pool is at the equal low of 0.8765. It will be broken soon. If the pair passes this level, there is a high probability that EUR/GBP will continue its downward move to 0.8738 as the first target and to 0.8620 as the secondary target as long as the pair does not rebound higher than the 0.8864 level.


The material has been provided by InstaForex Company -