Instrument: EURGBP+
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 0.88345 with take profit at 0.88504
Bearish Preference:
A sell position is envisaged if the price trades below 0.88064 with take profit at 0.87948
Fundamentals:
No Major Fundamental.
Comment:
European stock markets are expected to edge higher at the open Wednesday, as investors await the conclusion of the crucial Federal Reserve policy meeting as well as eurozone unemployment data and more corporate earnings. In Europe, the main economic release will be the March unemployment number for the euro zone, which is expected to stay at 6.6%.
Source: investing.com