The EURGBP continues to rise – Analysis – 2-2-2023
Economies.com
2023-02-02 05:39AM UTC
The EURGBP pair succeeded to resume the bullish attack to surpass 0.8870 level and provide positive close above it as appears on the chart, to record some additional gains by touching 0.8900 level.
Note that the main stability within the bullish channel and the major indicators attempt to provide the additional positive momentum support the positive attempts for the near term and medium term period, to keep waiting to achieve new gains that might start at 0.8925 and 0.8970.
The expected trading range for today is between 0.8870 and 0.8970
The expected trend for today: Bullish
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