The EURGBP still bullish– Analysis – 22-11-2023

Economies.com
2023-11-22 06:11AM UTC

The EURGBP pair faced temporary negative pressures yesterday to force it to form temporary negative rebound by reaching 0.8701, while the frequent stability within the bullish channel and the stability of 0.8682 support line allow us to keep the bullish overview, waiting to gather the additional positive momentum to manage to renew the pressure on 0.8755 obstacle, while surpassing it will push the price to achieve additional gains that might start at 0.8790 followed by reaching 0.8830 resistance

 

The expected trading range for today is between 0.8690 and 0.8755

 

The expected trend for today: Bullish

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