EUR vs GBP Value – Bulls Rejected at Resistance, What’s Subsequent?
EUR/GBP Technical Evaluation
- Bullish transfer loses steam
- Key chart factors and indicators to maintain monitor of
EUR/GBP Value – Multi-Week Excessive
On Friday, EUR/GBP surged to an over six-week excessive at 0.8940 then closed the weekly candlestick within the inexperienced with a 2.3% acquire.
Alongside that, the Relative Power Index (RSI) rose from 56 to 64 highlighting that bulls had been in cost.
EUR/GBP DAILY PRICE CHART (Aug 1, 2018 – Could 22, 2020) Zoomed Out
Recommended by Mahmoud Alkudsi
Download our fresh Q2 EUR Forecast