FxWirePro
Long

EUR/GBP Short term Outlook

FX:EURGBP   Euro Fx/British Pound
144 0 2
EUR/GBP             has slightly recovered after making low of 0.72380. In 4 hours chart it has formed bullish divergence and jump till 0.7340 cannot be ruled out.

On the upside minor resistance is around 0.7300 and any break above would pave way for next target around 0.7350/0.7380.

The pair’s support is around 0.7235 (161.8%T retracement of 0.72586 and 0.7296) and break below will target 0.7200/0.7160.

Indicators (4 Hours chart)
CCI (50) - Sell
CCI (14) - Sell
Ichimoku- Neutral

Recommendation: Buy EUR/GBP             around 0.7260, SL 0.7230, Targets 0.7295/0.7340.

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