The EURGBP builds minor bullish channel – Analysis – 9-11-2023

Economies.com
2023-11-09 07:40AM UTC

The EURGBP pair formed minor bullish channel recently to hold above 0.8660 support line, forming some bullish waves to notice settling near 0.8720 now.

 

The consolidation of the MA55 near the major support and stochastic positive momentum will increase the chances of resuming the bullish attack, to expect moving towards 0.8740 followed by reaching 0.8780 resistance line.

 

The expected trading range for today is between 0.8700 and 0.8740

 

The expected trend for today: Bullish

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