Daily Technical Analysis Of EURGBP – Monday, Dec. 19

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. 

Pixabay

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 it is being currently traded at around £0.8730. If it fails to pass its resistance level today, which is located at around £0.8750, then we should expect a correction towards the level of £0.87 and if it fails to hold above that level, then a further decline is expected towards its next support level at around £0.8630.

AAATrade's Daily Technical Analysis of EURGBP – 19/12/2022

AAATrade Market Research Department.


More By This Author:

Daily Technical Analysis Of EURUSD - Thursday, Dec. 15
Intraday Technical Analysis Of Oracle Corp.
Daily Technical Analysis Of USDJPY - Wednesday, Dec. 14

Disclaimer: We also offer CFD products. 72.13% of retail CFD accounts lose money. CFDs trading is risky and your entire capital might be at risk. Information presented herein, is not to be ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.