HomeContributorsTechnical AnalysisEUR/GBP Attracted By A Confluence Area

EUR/GBP Attracted By A Confluence Area

EUR/GBP changed little in the Asian session, but most likely we’ll have a significant move in the upcoming hours as the fundamental factors will take the lead again. Price is pressuring the 0.9000 psychological level, could still be attracted by the confluence area formed at the intersection between the lower median line (lml) and with the median line (ML) of the ascending pitchfork.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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