EUR/GBP finding strong support

EUR/GBP finding strong support

EUR/GBP has been moving in a sideways range inside a demand zone established by our Fibonacci’s projections. The 200 SMA at H1 chart still provides dynamic support across the board and if it receives a momentum at this stage, then it’s likely to see a rally towards the -23.6% at 0.8985 in the short-term. The invalidation point of this forecast lies at 0.8775.

RSI indicator remains in the neutral territory.

EURGBPmH1.png

Similar

EUR/USD: bearish 'Harami'

The pair is likely going to test the 34 & 55 Moving Averages in the short term. A pullback from these lines could be a departure point...

eur

Popular

EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera