Forex

EURGBP confirms the positivity – Analysis – 10-12-2018

2018-12-10 08:28:56 GMT (Economies.com)

The EURGBP pair succeeded to hold above the breached resistance recently at 0.8905, confirming its affection by the bullish bias domination, noticing recording 0.8975 level, while stochastic attempting to move towards the overbought areas increases the chances of gaining the positive momentum and allows us to wait to touch the first target at 0.8995, followed by attempting to reach the key resistance 0.9030.

 

Expected trading range for today is between 0.8945 and 0.8995

 

Expected trend for today: Bullish

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