HomeContributorsTechnical AnalysisEUR/GBP Bullish Continuation Targeting 0.9370 And Beyond

EUR/GBP Bullish Continuation Targeting 0.9370 And Beyond

The EUR/GBP is bullish. We can see two distinct POC zones, but the chance is that the price will bounce from the first POC zone.

The POC zone 0.9280-90 could make the price bounce towards higher levels. In case of a deeper retracement fresh buyers also wait within 0.9070-0.9100. But, if the price makes a rejection from the first POC zone then its important that the price stays above 0.9260. A bounce above 0.9290 should directly try to push above 0.9300. Above 0.9300 watch for 0.9354 and 0.9370. The final target is 0.9496.

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