Main Scenario: Overall expectation above 0.8891 level POSITIVE!
Target Expectation: 0,9048 – 0,9078 – 0,9105
Considerations Supporting The Scenario: While the bullish trend outlook continues, the related trend has been supported by the Ichimoku Kinko Hyo indicator.
Alternative Scenario: With the downward break of 0.8891 level, NEGATIVE!
Alternative Target Expectation: 0,8968 – 0,8935 – 0,8892
Critical News of the Day: Retail Sales from the UK and Philly Fed Manufacturing Index from the US. In addition, the FOMC Member Williams speech can be followed for EURGBP short-term expectations.