Binary Options Signals at 28/1
Good afternoon dear traders. Today we will look at the signals for the EURGBP option. As always, we start our market analysis by checking the news. This will give us the opportunity to find the most volatile markets that will move with the news.
Please note that the economic calendar contains the main news for today for the
GBP, EUR, USD pair.
Since Europe and Britain have independent economic zones, most likely the movement of these pairs will be in different directions, thereby increasing the fluctuations of binary assets.
Technical analysis for the EURGBP pair
Stochastic signals to us that we should prepare to buy the asset. If the change in the direction of the stochastic indicator coincides with the news release, it will be a strong signal to enter the trade.
In addition, we expect a breakdown of the middle line by the price of the asset.
Fundamental analysis shows that the EURUSD pair will be in a bullish direction. After the news release, we expect the price of the dollar to fall (for novice traders, the chart will go up)
Today, the binary options market presents many interesting moments and opportunities.
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