The EURGBP keeps the positivity – Analysis – 16-11-2023

Economies.com
2023-11-16 05:43AM UTC

The EURGBP pair kept its positive stability within the minor bullish channel, to notice forming some bullish waves recently and reach 0.8750.

 

Also, the fluctuation of the MA55 below the bullish channel’s support line at 0.8675 confirms confining trades within the bullish track, to keep our bullish overview that might achieve additional gains soon by reaching 0.8765 followed by attacking 0.8800 resistance line.

 

The expected trading range for today is between 0.8710 and 0.8765

 

The expected trend for today: Bullish

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