The EURGBP keeps the positivity – Analysis – 6-4-2020
Economies.com
2020-04-06 05:44AM UTC
The EURGBP pair ended the negative rebound by providing new close above the bullish channel’s support line at 0.8645, to confirm the continuation of the positivity for the near term and medium term trading, noticing from the above chart the attempt of the moving average 55 to provide the positive momentum by fluctuating near 0.8712, to increase the chances of targeting the positive levels that start at 0.8980 and 0.9310.
The expected trading range for today is between 0.8760 and 0.8980
The expected trend for today: Bullish
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