EUR/GBP Analysis :

As per our Previous post on EUR/GBP, market reaches the major support level 0.83 for 4th time.

U.K. Prime Minister “Theresa May” called for early general elections on June 8. 

This makes the EUR/GBP to reach the major support level.

But, due to the effect of French Election, EUR becomes stronger on all currency pairs.

Finally EUR/GBP has went up more from the major level.

We recommend our traders to close Partial lot on EUR/GBP to book some profits now.

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