Contributors Technical Analysis EUR/GBP Shines Again

EUR/GBP Shines Again

The bulls have taken full control and have sent the rate above the 0.8993 previous high and now is pressuring the 0.9000 psychological level. A breakout above the static resistance will validate a further increase. We have an important resistance at the 50% Fibonacci line (ascending dotted line), actually could be attracted by the confluence area formed between the 50% line with the warning line (wl3).

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