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GBPEUR - Long-Term Analysis

FX_IDC:GBPEUR   British Pound / Euro
For the time being, the pair has just past the middle trend of its rising channel and has touched its falling trend.

  • (+) 1.17 level will be the target for the future. Apart from that, 1.20-1.21 levels should be followed if the price wants to touch the upper point of the channel.

    (-) However, if prices come back from here, 1.12 will be a significant boost first. In the case of the problem, 1.11 can be expected.


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