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Thursday, May 19, 2022

EUR/GBP still respecting the major level 0.87. Old resistance act as a Current Support Level
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EUR/GBP Analysis : 

After the announcement of BOE (Bank Of England) Inflation report, MPC meeting minutes, Interest rate. GBP becomes too weaker due to negative results.

In EUR/GBP daily chart, market still respecting the major level 0.87

The previous old resistance level still acting as a Current Support level.

EUR/GBP starts to reverse from the strong support level after the release of Important Economic Events in Britain.

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