EURGBP recently reversed down from the strong multi-year resistance level 0.9270 (which stopped three weekly uptrends from the end of 2016, as can be seen from the weekly EURGBP chart below).
The resistance area near the resistance level 0.9270 was strengthened by the upper weekly Bollinger Band.
Given the strength of the resistance level 0.9270 – EURGBP is likely fall further toward the next support level 0.9000.
- 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
