• EURGBP broke support level 0.8450
• Likely to fall to support level 0.8400
EURGBP continues to fall after this currency pair broke the key support level 0.8450 (previous monthly low from August).
The breakout of the support level 0.8450 accelerated the active impulse waves (iii), 3 – which belong to the extended impulse wave (3) from April.
Given the strong downtrend and high sterling bullishness – EURGBP can be expected to fall further toward the next support level 0.8400.
- 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