The EURGBP reinforces the bullish track – Analysis – 11-3-2020

Economies.com
2020-03-11 07:35AM UTC

The EURGBP pair formed new bullish trades recently, to move away from the bullish track support line at 0.8610 to start recording some positive targets by moving towards 0.8775.

 

Also, stochastic rally towards the overbought areas reinforces the continuation of the positivity by providing new positive momentum, to ease the mission of targeting new positive levels that might start at 0.8840 followed by 0.8935 in the medium term period.

 

The expected trading range for today is between 0.8700 and 0.8840

 

The expected trend for today: Bullish

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