EURGBP Price Analysis

Expected Scenario

• The EURGBP pair confirmed its affection by the domination of the bearish bias by moving away from the bearish channel’s resistance at 0.8567.
• To notice providing strong negative pressures on 38.2% Fibonacci correction level at 0.8528.
• We expect to get more negative momentum by the major indicators to break the current obstacle and open the way to target more negative stations by moving towards 0.8490 followed by 0.8448 levels.

Expected Trading Range

Between 0.8550 and 0.8490.

Natural Gas Price Analysis

Expected Scenario

• Natural gas price surrendered to the negative pressures caused by the stability of the MA55 above $2.000 barrier.
• In addition to stochastic additional negative momentum, to notice providing new negative crawl recently and settling near $1.700.
• The current negative factors allow us to keep the negative overview, waiting to crawl below $1.650 soon to manage to renew the pressure on the historical support at $1.540.
• Followed by monitoring its behavior to manage to confirm the next main trend.

Expected Trading Range

Between $1.780 and $1.540.