EURGBP: Can Be Seen Testing Its Resistance Level Once Again

Looking at EURGBP’s chart, we can see that after reaching its 52W high rate at around 0.8785, the fx pair is now traded at around 0.8750. If today it will manage to hold the rate above its support level at around 0.8720, then we could see it testing again the resistance level of 0.8780 otherwise it should fall towards its next support level at around 0.8650.

EURGBP


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Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

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