Forex

EURGBP keeps the positivity – Analysis – 28-12-2018

2018-12-28 10:33:52 GMT (Economies.com)

The EURGBP pair confirmed keeping the bullish bias domination due to its stability above 0.8970 support, noticing the beginning of forming real positive rally by reaching 0.9055 level, to continue suggesting the bullish attempts that target 0.9160 level mainly, followed by reaching the previously recorded top at 0.9300.

 

Stochastic stability around 80 level increases the chances of gaining additional positive momentum, to ease the attempts to form strong bullish trades until reaching the suggested targets.

 

Expected trading range for today is between 0.8990 and 0.9100

 

Expected trend for today: Bullish

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