Daily Technical Analysis Of EURGBP – Monday, Dec. 19

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.

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. 

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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.


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