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Feb 3, 2019 5:31 PM

EURGBP approaching target 0.88600 Long

Euro Fx/British PoundFXCM

Description

EURGBP Forecast: EURGBP pair after touching the double bottom at 086562, pair made smart up move last week, EURGBP now approaching towards resistance level at 200MA which it broke 0.88600 in coming week. Other indicators like RSI stood at 41.96 while MACD crossover seems to happen soon indicating bullish trend up to 0.88600 with stop loss at 0.87053 closing basis. There is favorable long entry.
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