AFCapital21

EURGBP - GBP will be stronger!

Short
FX:EURGBP   Euro / British Pound
This morning UK released very important data about employment and unemployment .
Employment shows a 40k of employed poeple, lower than forecast (128k), however the unemployment change is lower 0,2% with change from 3,8% to 3,6%.
BoE also want to tame the inflation.

Euro have also a data released about economic sentiment and is pessimist, showing us a raise in the numbers, more than expected.

In the chart we can see a descendent line in MACD and a consolidation zone on the candles chart.

The SL would be 0.86910 , just a little bit above from the resistance

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