Daily Technical Analysis Of EURGBP - Friday, June 16

By AAATrade of aaatrade.com

Friday, June 16, 2023 9:51 AM EST

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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 GBP has been gaining ground over the past month, reaching the current rate of £0.8553. If this trend continues, then today we should expect it to test its support level at around £0.8540, and if it is able to hold it above that level, then we could expect an upward reaction towards the resistance level at £0.8630.

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AAATrade's Daily Technical Analysis of EURGBP - 16/06/2023

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