Spotlight on EURGBP. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.
EURGBP
Looking at EURGBP’s chart, we can see that the FX pair is on a downtrend and currently it is traded at around $0.8859. Today if it holds the rate above the support level of $0.8850, then we should expect an increase of the rate towards its resistance level at around $0.8880 and if it is able to pass it, then it could reach its next resistance level at around $0.89-0.8915.
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