First TP - 0.8580

2020-02-10 16:51:07

Target 0.8630.

We trying to breakout downtrend channel, horizontal resistance and 50 day MA. It's not easy.
Last data suggests that in Britain things much better than in Euro zone but it doesn't reflect in a price. Don't forget Brexit.
BOE has more room to cut rates. Only 2 currencies that i'm buying euro against are GBP and CHF.