• EURGBP under bearish pressure
• Likely to fall to support level 0.8740
EURGBP falling strongly after the price reversed down from the key resistance level 0.8860 (which has been reversing the price from March) standing near the upper daily Bollinger Band.
The downward reversal from the resistance level 0.8860 created the daily candlesticks reversal pattern Bearish Engulfing.
EURGBP can be expected to fall further toward the next support level 0.8740 (which has been reversing the price from January).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
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%…
This website uses cookies