– EURGBP broke resistance level 0.8590
– Likely to test resistance level 0.8655
EURGBP currency pair recently broke above key resistance level 0.8590, intersecting with the 61.8% Fibonacci correction of the downward impulse from the start of August.
The breakout of the resistance level 0.8590 accelerated the active short-term correction ii.
Given the strong sterling sales across the FX markets, EURGBP currency pair can be expected to rise further toward the next resistance level 0.8655 , which has been reversing the pair since June.
Nikkei 225: ⬇️ Sell - Nikkei 225 broke support zone - Likely to fall to…
Gold: ⬇️ Sell - Gold broke daily up channel - Likely to fall to support…
The U.S. dollar takes a major hit as trade tariffs spark capital flight, while global…
Gold experienced a significant increase followed by a sharp decline. It may be a good…
US indices fell after tough tariffs were announced by Trump, triggering a negative reaction in…
The US dollar is experiencing a decline due to trade tariffs and capital flight. The…
This website uses cookies