– EURGBP reversed from resistance zone
– Likely to fall to support level 0.8540
EURGBP currency pair earlier reversed down from the resistance zone set between the pivotal resistance level 0.8620 (which has been reversing the price from January) and the upper daily Bollinger Band.
The downward reversal from the resistance zone created the daily candlesticks reversal pattern Evening Star Doji – which marked the end of the previous correction ii.
Given the strength of the resistance level 0.8620, overbought daily Stochastic and the bullish sterling sentiment, EURGBP currency pair can be expected to fall further toward the next support level 0.8540.
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies