EUR continue drop has UK into economy recuperation
Uk continue in recoveration about all cases of covid and take control in this country. Now, so important is that UK Governments approved a aid fiancial of 30 billion pounds to stimulated their economies and about a rate undemploymnet that was horrible and lot
England peoples's unemployments. Also, as many investors are give a welcome the Chanceller efforts to limit job losses and help recover the nation's economy from the covid-19 crisis.
And also, as intersting data found up this morning is that EUR/GBP has formed a bearish divergence in Daily in the RSI and MACD and that show a sign of bearish movement in Daily, that mean a strong sell in EUR has GBP is strenghthen agains the EUR, that benefited United Kingdom in their aid financial to stimulus their economies as US do it in the past, and that USD is up, maybe Sterling did it too.
Also, in H4 timeframe we continue so bearish movement, also, you can if you want to make re-entrys in H1 to entry in short movement and take off a nice earns of a lot money. As I am in profit, I prefer to re0entry in the next entry sell off. Also, I represent 3 targets profit if you want to closed down the position, these are my 3 targets profit that you can see in your display on your computer or telephone to reach price's target's. So i believe that is UK is mroe strenghten of the recovery of covid-19 cases, brexit ends to prepared more yet, so Euro could to drop a lot. For more analysis, there are a possibility to from an elliot wave trend change, so that is a new analysis to add and updates as alert. I will go on to making analsyis in the next days to give a following.
England peoples's unemployments. Also, as many investors are give a welcome the Chanceller efforts to limit job losses and help recover the nation's economy from the covid-19 crisis.
And also, as intersting data found up this morning is that EUR/GBP has formed a bearish divergence in Daily in the RSI and MACD and that show a sign of bearish movement in Daily, that mean a strong sell in EUR has GBP is strenghthen agains the EUR, that benefited United Kingdom in their aid financial to stimulus their economies as US do it in the past, and that USD is up, maybe Sterling did it too.
Also, in H4 timeframe we continue so bearish movement, also, you can if you want to make re-entrys in H1 to entry in short movement and take off a nice earns of a lot money. As I am in profit, I prefer to re0entry in the next entry sell off. Also, I represent 3 targets profit if you want to closed down the position, these are my 3 targets profit that you can see in your display on your computer or telephone to reach price's target's. So i believe that is UK is mroe strenghten of the recovery of covid-19 cases, brexit ends to prepared more yet, so Euro could to drop a lot. For more analysis, there are a possibility to from an elliot wave trend change, so that is a new analysis to add and updates as alert. I will go on to making analsyis in the next days to give a following.
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