EURGBP recently broke though the support area lying between the key support level 0.8860 (which has been reversing the price from the start of August) and the support trendline of the daily up channel from April.
The breakout of this support area accelerated the active impulse wave (C) – which belongs to the medium-term correction ② from August.
EURGBP is expected to fall further and re-test the next support level 0.8800 (monthly low from July, which is also the forecast price for the completion of wave (C)).
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
This website uses cookies
