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Mihai_Iacob
Oct 20, 2020 2:57 AM

EurGbp- back to 0.93? Long

Euro Fx/British PoundFXCM

Description

After the strong rally at the beginning of September, EurGbp corrected and consolidated for more than a month now.
The pair seems to have found strong support just above the important 0.9 zone and now looks ready for a new leg up.
Dips should be bought for this pair and bulls can expect 0.93 as a target.
A daily close under 0.9 would negate this outlook.
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