• 2 hours What Web Traffic Trends Can Tell Us About The World
  • 6 hours Miners Face Greater Headwinds
  • 23 hours Boris Johnson Proposes Billion Dollar Bridge To Northern Ireland
  • 2 days Goldman Slashes Oil Price Forecast By $10
  • 3 days Tesla Raises $2 Billion In Share Selloff
  • 4 days What The T-Mobile Takeover Of Sprint Really Means For Markets
  • 4 days The U.S. Has Charged Huawei With Racketeering And Conspiracy
  • 4 days How Hydrogen Could Become The Fuel Of The Future
  • 5 days Millennials Can’t Retire, But They’ll Still Have To Help Their Parents
  • 5 days This Gold Miner Just Increased Its Dividends By 40%
  • 5 days Airbnb IPO Under Threat As China's Economy Drags
  • 6 days The Infamous Equifax Hack Just Became A National Security Issue
  • 6 days BHP Takes The Crown As World’s Top Copper Miner
  • 6 days Tesla Reopens Chinese Factory After Coronavirus Scare
  • 7 days Armed Troops Storm El Salvador’s Parliament
  • 7 days Is A New Housing Bubble Forming?
  • 7 days The Biggest Challenge Facing West Africa's Single Currency Plan
  • 7 days Iran's Space Program Hits Another Snag
  • 8 days The Politics Of Love In The Digital World
  • 8 days Coronavirus: Much Ado About Nothing?
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…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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