The EURGBP confirmed the continuation of the bullish scenario, to rally above 0.8685 level that forms an extra support, achieving some gains by reaching the initial barrier near 0.8715.
Providing bullish momentum by the main indicators makes us expect renewing the positive pressures on 0.8715 level by finding an exit for resuming the bullish attempts and achieving extra gains by its rally towards 0.8760 and 0.8785.
The expected trading range for today is between 0.8710 and 0.8760
Trend forecast: Bullish
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Despite the Natural gas price neediness of the bullish momentum by stochastic exit from the overbought level, its bullish stability above the initial support level at $3.830 confirms the stability of the bullish scenario, to fluctuate near $4.050 to find a chance for gaining bullish momentum.
MoreThe EURJPY pair kept forming bullish moves since the last period trading, recording 178.15 to approach from 178.60.
MoreThe GBPJPY pair keeps the bullish scenario by providing new pressure on the barrier at 203.95, to find an exit for resuming the previously awaited bullish attack, the attempt of forming extra support at 202.85 level will increase the extra targets by its rally towards 204.60 directly, reaching the next main target near 205.25.
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