• 686 days Will The ECB Continue To Hike Rates?
  • 686 days Forbes: Aramco Remains Largest Company In The Middle East
  • 688 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,088 days Could Crypto Overtake Traditional Investment?
  • 1,093 days Americans Still Quitting Jobs At Record Pace
  • 1,094 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,098 days Is The Dollar Too Strong?
  • 1,098 days Big Tech Disappoints Investors on Earnings Calls
  • 1,099 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,100 days China Is Quietly Trying To Distance Itself From Russia
  • 1,101 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,105 days Crypto Investors Won Big In 2021
  • 1,105 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,106 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,108 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,108 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,112 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,113 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,113 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,115 days Are NFTs About To Take Over Gaming?
Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

EUR/GBP - Edging Higher

EUR/GBP is going higher. Support can be found at 0.8923 (rising trendline). Another support is located at 0.8779 (06/10/2016 low). Expect to show continued upside pressure.

In the long-term, the pair is currently recovering from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading far above from its 200 DMA. Strong resistance can be found at 0.9500 psychological level.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment