EUR/GBP reversed from support area

EUR/GBP reversed from support area

  • EUR/GBP reversed from support area
  • Next buy target - 0.8860

EUR/GBP recently reversed up from the support area lying between the powerful support level 0.8740 (which has reversed multiple downward corrections from June as can be seen below) and lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor impulse wave 3. EUR/GBP is expected to rise to the next buy target at the next resistance level 0.8860.

Similar

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