The EURGBP still bullish – Analysis – 20-3-2020
Economies.com
2020-03-20 08:31AM UTC
The EURGBP pair formed temporary negative rebound recently after recording 0.9498 level, affected by stochastic exit from the overbought areas, noting that the continuous fluctuation within the bullish channel along with 0.8935 level forming additional support allow us to keep the bullish overview, to increase the chances of reaching 0.9320 level, followed by attempting to touch the bullish channel’s resistance at 0.9590.
The expected trading range for today is between 0.8970 and 0.9250
The expected trend for today: Bullish
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