The EURGBP begins to rise – Analysis – 18-5-2020
Economies.com
2020-05-18 06:32AM UTC
The EURGBP pair confirmed its affection by the domination of the bullish bias by settling within the bullish channel, to notice forming strong bullish rally recently and record 0.8955 level, while we expect resuming the bullish attack due to stochastic provide to the additional positive momentum by reaching the overbought areas, waiting to touch 0.9035 followed by reaching 0.9326 in the upcoming period.
The expected trading range for today is between 0.8835 and 0.9035
The expected trend for today: Bullish
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