EUR/GBP: Correction At Key Level And Extending Higher

The EUR/GBP pair has established a v.short-term trend higher. It has currently reached resistance at the level of an old trend-line, and is attempt to break higher. It is expected to succeed and continue the fledgling up-trend higher. A break above the March 18 highs at 0.7292 would probably indicate a continuation higher up to a potential target at the monthly pivot at 0.7360.

EUR/GBP 4-Hour Chart

0 0 votes
Notify of
0 评论
Inline Feedbacks
View all comments