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10:09, 18 марта


Selling pressure continues on the pair. Especially this trend had started after Bank of England’s emergency interest rate cut decision. Today there is available data for the pair.  

Down trend continues on the pair. First of all 1.2160 is the kay resistance level. We do not expect up movements until the this level is breaking.  

Resistance levels: 1.2160 – 1.2200 – 1.2270 
Support levels: 1.2080 – 1.2020 – 1.2000