The EURGBP still bullish – Analysis – 3-7-2020
Economies.com
2020-07-03 07:27AM UTC
The EURGBP pair was affected by stochastic negativity yesterday, which moves within the oversold areas now, to force the price to form temporary correctional rebound and test the minor bullish channel’s support line at 0.9000.
We will depend on the stability of the mentioned support besides the consolidation of the moving average 55 below the current price to increase the chances of gathering the positive momentum to target some positive targets located around 0.9085 and 0.9270 in the upcoming period.
The expected trading range for today is between 0.9000 and 0.9080
The expected trend for today: Bullish
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