TipTVFinance

EUR/GBP – Watch out for break below daily low

FX:EURGBP   Euro Fx/British Pound
Resistance – 0.7811, 0.7837, 0.7946

Support – 0.7749, 0.7696, 0.7664

Formation – Rejected at trend line

  • Pair’s closing below rising trend line on Friday, followed by rejection at the same today has increased risk of break below daily low of 0.7749 followed by a possible drop towards 0.7696 (Feb 16 low).
  • Daily RSI , at 36, still shows room for downside move.
  • Loss of bearish momentum and consolidation cannot be ruled out with upside possibly capped around 0.7837-0.7850.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out