– EURGBP falling inside wave (ii)
– Likely to reach support level 0.8515
EURGBP currency pair continues to fall inside the minor corrective wave (ii), which started earlier from the key resistance level 0.8635 .
The active corrective wave (ii) belongs to the higher order upward impulse wave 1 from last month.
Given the multi-month downtrend and the continued euro sales across the FX markets, EURGBP currency pair can be expected to fall further toward the next support level 0.8515 (previous monthly low from June).
- 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