Forex

EURGBP holds above the support – Analysis – 1-2-2019

2019-02-01 09:33:29 GMT (Economies.com)

The EURGBP price ended its negative rebound by facing a strong support at 0.8615, to form an obstacle against any attempt to build a main bearish bias, noticing that it begins to bound to the upside and its stability at 0.8750, which confirms its readiness to form a strong positive trading, to expect target 0.882 level initially, to attempt to press on the barrier at 0.8890.

 

Expected trading range for today is between 0.8710 and 0.8825

 

Expected trend for today: Bullish

 

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