Daily Technical Analysis Of EURGBP - Monday, Dec. 5
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 traded 20 pips below its resistance level at around £0.8580, a level which it failed to pass in the past days. Today, if it fails to break though the rate of £0.86, then we could expect it to drop further towards its next support level at around £0.8550 otherwise it should continue rising towards its next resistance level at around £0.8640-0.8650.
AAATrade Market Research Department
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