• 5 hours The Biggest Biotech Story Of 2021?
  • 12 hours Biden Looks To Rejoin Paris Climate Agreement
  • 1 day Capital One Fined Again For Money-Laundering Failure
  • 1 day 3 Stocks That Could Win Big As The Biden Administration Takes The Wheel
  • 1 day The Star-Studded Fund Backing Clean Energy Startups
  • 2 days The Unexpected Retail Segment On Track To Hit $68B
  • 4 days Oil Demand Falters On New Wave Of Lockdowns
  • 5 days Signal, Telegram Gain Ground As Social Censorship Breaks Headlines
  • 6 days Investors Should Be Worried About Tech Stocks
  • 8 days Battle For Market Share Intensifies In COVID Streaming War
  • 10 days Censorship Is Now Private, And That’s Scary
  • 13 days Markets Hit ‘Ignore’ Over Capitol Coup
  • 14 days Tesla’s China Strategy Is Yet Another ReasonTo Double Down
  • 15 days NYSE Reverses China Company Delisting Plans … For Now
  • 17 days The Dollar Could Remain Weak For Years To Come
  • 20 days The Simple Secret To Tesla-Like Gains
  • 21 days US-Listed China Stocks Have 3 Years To Become Transparent
  • 23 days $30,000 Is The New $20,000 For Bitcoin
  • 24 days Gold Slips Following Stimulus Announcement
  • 24 days Illegal Streaming Targeted In The 5,000 Page COVID-19 Stimulus Bill
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

Contact Author

  1. Home
  2. Markets
  3. Other

EUR/GBP - Growing Demand

EUR/GBP is strengthening. The technical has turned positive since the pair has broken resistance at 0.8530 (25/04/2017 low). Strong support can be found at 0.8304 (05/12/2017 low). Expected to see further continued increase towards resistance at 0.8787 (13/03/2017 high).

In the long-term, the pair has largely recovered from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading 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