EURGBP resumes the bullish attack – Analysis – 29-8-2018

Economies.com
2018-08-29 06:39AM UTC

The EURGBP pair succeeded to breach the minor bullish channel’s resistance at 0.9075, hinting the preparation to provide new bullish trades in the near term and medium term period, also, stochastic consolidation within the overbought areas agrees the bullish overview by providing new positive momentum to increase the chances of moving towards 0.9133 that forms the first positive station, followed by reaching 0.9201 in the upcoming period.

 

Expected trading range for today is between 0.9075 and 0.9133

 

Expected trend for today: Bullish

 

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