EUR/GBP made a low of 0.78150 and has slightly recovered from that level. Overall trend is bearish as long as resistance 0.7895 holds.
On the upside EUR/GBP minor resistance is around 0.7870 and any break of 0.7870 would extend gain to 0.7895/0.7957 in short term.
The pair’s minor support is around 0.7800 and break below will target 0.775/0.7694
Indicators (4 Hour chart)
CCI (50) – Sell
CCI (14) – Sell
Ichimoku- Sell
Recommendation: Sell EUR/GBP around 0.7850, SL 0.7895, target 0.7694.
On the upside EUR/GBP minor resistance is around 0.7870 and any break of 0.7870 would extend gain to 0.7895/0.7957 in short term.
The pair’s minor support is around 0.7800 and break below will target 0.775/0.7694
Indicators (4 Hour chart)
CCI (50) – Sell
CCI (14) – Sell
Ichimoku- Sell
Recommendation: Sell EUR/GBP around 0.7850, SL 0.7895, target 0.7694.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.