Maria_Forex

EURGBP, Trendline decreased

Short
OANDA:EURGBP   Euro / British Pound
Hi trader, Maria would like to share opinion: EUR/GBP

In the UK, Catherine Mann, a member of the Monetary Policy Committee (MPC) and a policymaker at the Bank of England (BoE), delivered a strong message during an event in Dallas on Monday. Mann emphasized the importance of central banks taking a more assertive approach in combating inflation. She highlighted that policy actions should not only address current inflationary pressures but also counteract any inflation expectations that may arise over time.

Predict EUR/GBP price trend: 10/10/2023

🔽SELL EURGBP zone 0.86470 - 0.86600

SL : 0.87050

TP 1 : 0.86100
TP 2 : 0.85800
TP 3 : 0.85400

Price is following the bearish trendline with the resistance zone 0.86470 - 0.86600. The move gives a SELL signal during the day

Good luck everyone $$$
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