The EURGBP provides positive signal – Analysis – 24-6-2020

Economies.com
2020-06-24 05:20AM UTC

The EURGBP pair succeeded to get rid of the domination of the temporary sideways bias by providing positive signal to rally towards 0.9079 and increase the chances of resuming the bullish attack that targets 0.9195 and 0.9335 levels.

 

Our bullish overview depends on the stability of the initial support 0.8860 besides stochastic attempt to provide the positive momentum by rallying towards the overbought areas as appears on the chart.

 

The expected trading range for today is between 0.8920 and 0.9190

 

The expected trend for today: Bullish

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