Currency Pair:Eur/Gbp
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.7317
Trend: downtrend
Possible trading range:0.72-0.75
Signals: The price is getting closer to an important support (0.7266) which is nothing less than a neckline which belongs to a big double bottom located on the monthly chart. This can be the first sign that this pair may enter in a sideways trading,at least in the short term.
Fundamentals: The recent upside surprise to UK wages may translate i…
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