Daily Technical Analysis Of EURGBP - Wednesday, July 5

Looking at EURGBP’s chart, we can see that the FX pair is in a downtrend in the past week.

10 and one 10 us dollar bill

Image Source: Unsplash
 

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 in a downtrend in the past week, and if this downtrend continues, then we should expect the rate today to test its support level at around £0.8540, whilst its resistance level is located at around £0.86.

(Click on image to enlarge)

AAATrade's Daily Technical Analysis of EURGBP - 05/07/2023


More By This Author:

Daily Technical Analysis Of EURUSD - Monday, July 3
Technical Analysis Of Smart Powerr Corporation
Daily Technical Analysis Of USDJPY - Thursday, June 29

Comments