• EURGBP reversed from support level 0.8865
• Likely to rise to 0.9000
EURGBP recently reversed up from the key support level 0.8865 (which has been repeatedly reversing this currency pair from the start of June, as can be seen below) standing near the lower daily Bollinger Band.
The upward reversal from the support level 0.8865 started the active short-term impulse wave 3.
Given the strength of the support level 0.8865 – EURGBP can be expected to extend the gains toward the next round resistance level 0.9000 (top of the previous minor impulse wave 1).
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
This website uses cookies