EURGBP recently reversed down from the resistance zone lying between the strong resistance level 0.9080 (which has been reversing the price from the end of August, as can be seen below), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous downward impulse from last August.
The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star.
EURGBP is expected to fall further and re-test the next support level 0.8950 (which reversed the previous waves (a) and 4).
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
