– EURGBP reversed from support level 0.8550
– Likely to rise to resistance level 0.8650
EURGBP currency pair recently reversed up from the key support level 0.8550 (former multi-month low from December).
The support level 0.8550 was strengthened by the support trendline of the daily down channel from February and by the lower daily Bollinger Band.
Given the oversold daily Stochastic, EURGBP can be expected to rise further toward the next resistance level 0.8650 (top of the previous correction (ii)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies