HomeContributorsTechnical AnalysisEUR/GBP Short-Term Bullish

EUR/GBP Short-Term Bullish

EUR/GBP is trading higher. The pair is trading between support at 0.8689 (08/12/2017 low) and resistance is located at 0.9046 (14/09/2017 high). Expected to show further increase.

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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