The EURGBP holds above the support – Analysis – 4-11-2020
Economies.com
2020-11-04 08:13AM UTC
The EURGBP pair touched the minor bullish channel’s support line at 0.8955 to form solid obstacle against the attempt to change the main trend, noticing the positive rally towards the moving average 55 at 0.9015.
Confirming the positivity requires the stability of the mentioned support in addition to gaining the additional positive momentum to manage to continue rising until recording the targets at 0.9080 and 0.9160 levels.
The expected trading range for today is between 0.8970 and 0.9080
The expected trend for today: Bullish
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