Morning Insights 7th July

Simon Alagbe

Analyst

Instrument: EURGBP

The formation of a pin bar on the pair in the session yesterday could suggest either the exhaustion of the bearish trend or offer some temporal relief for the bulls.


Technicals: 

The momentum of the bullish move on the hourly timeframe in yesterday's session favours the bull with a target at 0.85895 and stop-loss at 0.85527 


Fundamentals 

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