EUR/GBP reversed from support zone

EUR/GBP reversed from support zone

  • EUR/GBP reversed from support zone
  • Next buy target - 0.8870

EUR/GBP recently reversed up with the daily Hammer from the support zone lying between the multi-month support level 0.8700 (which has been reversing the price from the start of December, as can be seen below) and the lower daily Bollinger Band. The upward reversal from this support zone started the active minor corrective wave 2. EUR/GBP is likely to rise further toward the next buy target at the next resistance level 0.8870 (target for completion of wave 2).


Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


Deposit with your local payment systems


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