Sat, Feb 07, 2026 04:57 GMT
More

    EURGBP Wave Analysis

    • EURGBP reversed from support level 0.8510
    • Likely to rise to resistance level 0.8575

    EURGBP currency pair recently reversed up from the key support level 0.8510 (which has been reversing the price from July), strengthened by the lower daily Bollinger Band.

    The upward reversal from the support level 0.8510 created the daily Japanese candlesticks reversal pattern Bullish Engulfing.

    EURGBP currency pair can be expected to rise further to the next resistance level 0.8575 (top of the previous minor correction ii).

    FxPro
    FxProhttp://www.fxpro.co.uk/?ib=606792
    FxPro is an award-winning online broker offering Contracts for Difference (CFDs) on forex, futures, spot indices, shares, spot metals and spot energies. FxPro serves clients in over 150 countries worldwide and offers multilingual customer support 24/5. Trading CFDs involves significant risk of loss.

    Latest Analysis

    Learn Forex Trading