EUR/GBP reversed from support zone

EUR/GBP reversed from support zone

  • 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).

Similar

Latest news

The outlook for the GBP

The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?

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

Beginner Forex book will guide you through the world of trading.

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