Daily Technical Analysis Of EURGBP - Monday, Jan. 16

Bank Note, Euro, Bills, Paper Money

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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 the FX pair is currently traded at the rate of £0.8857. If it keeps holding the rate above its support level at around £0.8830, then the resistance level at around £0.89 should be tested, otherwise, it could further drop towards its next support level at around £0.88.

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AAATrade's Daily Technical Analysis of EURGBP - 16/01/2023


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Disclaimer: We also offer CFD products. 71.19% 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 ...

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