Sun, Dec 04, 2022 @ 15:07 GMT
HomeContributorsTechnical AnalysisEUR/GBP The Bias Remains Bullish

EUR/GBP The Bias Remains Bullish

Pivot (invalidation): 0.9000

Our preference Long positions above 0.9000 with targets at 0.9045 & 0.9065 in extension.

Alternative scenario Below 0.9000 look for further downside with 0.8985 & 0.8965 as targets.

Comment The break above 0.9000 is a positive signal that has opened a path to 0.9045.

Swissquote Bank SA
Swissquote Bank SA
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Featured Analysis

Learn Forex Trading