EUR/GBP- The pair faces further downside pressure leaving risk lower. Support lies at the 0.8650 level where a violation will turn focus to the 0.8600 level. A break will expose the 0.8550 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance resides at the 0.8800 level where a violation if seen will turn risk towards the 0.8850 level. Further up, resistance resides at 0.8900 level followed by the 0.8950 level. All in all, EUR/GBP remains biased to the downside on more weakness.
Related Posts
Gold Daily And Silver Weekly Charts – A Spoonful Of Brexit Makes The Pound Go Down
Buy These 4 REITs Increasing Dividends
Bad Numbers And Dark Prophesies: Almost Everybody’s Cutting Something
US Producer Price Surge Slowed In July- Cryptocurrency trading platform announces digital asset-inspired advent calendar
- UK loses triple A rating for the first time in over three decades
Leave A Comment