Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/GBP reversed from support zone
2019-11-11 • Updated
- EUR/GBP reversed from support zone
- Next buy target - 0.9000
EUR/GBP previously reversed up from the support zone lying between support level 0.8900 (former resistance from July) and the 38.2% Fibonacci retracement of the previous sharp upward impulse from June. The upward reversal from this support zone started the active short-term impulse wave (iii). EUR/GBP is expected to rise further toward the next buy target at the next round resistance level 0.9000 (which reversed the price earlier this month).
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