TipTVFinance

EUR/GBP- stuck at trend line hurdle

FX:EURGBP   Euro Fx/British Pound
Despite sharp rally on Tuesday, the pair’s failure to re-enter channel formation yesterday and in Asia today suggests bears could still make a comeback especially if the prices drop below daily 50-MA on day end closing basis today. In such a case, a revisit of Sep 6 low of 0.8334 appears likely.

In case, the cross moves back inside the channel, a bout of consolidation appears likely.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out