The EURGBP holds above the initial support – Analysis – 17-7-2020
Economies.com
2020-07-17 06:59AM UTC
The EURGBP pair ended its temporary negative rebound by providing positive close above the initial support at 0.8933, to notice rallying bullishly towards 0.9075 and confirm its affection by the previously expected bullish bias domination.
The price needs new positive momentum to manage to continue the rise that might target 0.9185 followed by reaching the additional barrier at 0.9330 as a next target.
The expected trading range for today is between 0.9000 and 0.9185
The expected trend for today: Bullish
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