– EURGBP under bearish pressure
– Likely to fall to support level 0.8200
EURGBP currency pair under bearish pressure after breaking the support zone between the key support level 0.8265 (which stopped previous waves iii, (i) and i) and the support trendline of the Descending Triangle from November.
The breakout of this support zone accelerated the active impulse waves 3 and v – which belong to the impulse wave (3) from January.
Given the clear daily downtrend, EURGBP currency pair can be expected to fall toward the next support level 0.8200, the target for the completion of the active impulse wave 3.
Apple: ⬇️ Sell - Apple reversed from resistance level 220.00 - Likely to fall to…
IBM: ⬆️ Buy - IBM reversed from support zone - Likely to rise to resistance…
AUDNZD: ⬆️ Buy - AUDNZD reversed from key support level 1.0930 - Likely to rise…
EURCAD: ⬇️ Sell - EURCAD reversed from the resistance zone - Likely to fall to…
The crypto market has increased by over 5% and is nearing the $2.9 trillion. The…
Gold: ⬆️ Buy - Gold continues daily uptrend - Likely to rise to resistance level…
This website uses cookies