The EURGBP settles above the support – Analysis – 21-10-2019
Economies.com
2019-10-21 06:43AM UTC
The EURGBP pair touched the bearish channel’s support level at 0.8575 in its last bearish attack, forming a strong barrier against the attempt of resuming the negativity, to begin forming a bullish correctional rebound by its stability at 0.8645.
We expect the continuation of the current support, forming a bullish correctional rebound to attempt to breach 0.8692 level, to hit the next correctional target at 0.8760.
The expected trading range for today is between 0.8580 and 0.8690
The expected trend for today: Bullish
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