The EURGBP takes advantage of the additional support line stability – Analysis – 23-1-2023
Economies.com
2023-01-23 05:48AM UTC
The EURGBP pair faced additional negative pressures to form strong negative waves and suffer some losses by crawling towards 0.8722, to face additional support and settle above it, noting that the main stability within the bullish channel that appears on the chart allows us to wait to gather the additional positive momentum to manage to form bullish waves and target 0.8820 followed by pressing on 0.8880 barrier in order to find a way to resume the bullish rally in the upcoming period.
The expected trading range for today is between 0.8740 and 0.8820
The expected trend for today: Bullish
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