Tue, May 30, 2023 @ 05:11 GMT
HomeContributorsTechnical AnalysisEUR/GBP Monitor The Key Support At 0.9142

EUR/GBP Monitor The Key Support At 0.9142

EUR/GBP’s has weakened thru uptrend but support at 0.9142 should hold. Hourly resistance lies at 0.9306 (29/07/2017 high). Hourly support is given at 0.9189 (24/08/2017 low).

In the long-term, the pair has largely recovered from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading above from its 200 DMA. Strong resistance can be found at 0.9500 (psychological level).

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