EURGBP
The EURGBP pair has been tightened between the 0.8779 support level and the 0.8862 resistance level for eight days. In order for the Euro to gain more value against the Sterling, it needs to rise and stays above 0.8862 on a four-hourly basis. At this point, the next resistance level will be at 0.8946. Otherwise, if the price pullbacks and breaks down 0.8779, we will watch daily support level at 0.8702.
Support: 0.8779 – 0.8702 - 0.8619
Resistance: 0.8862 – 0.8946 – 0.9024
19 Dec 17 (Tue)
09:41 am
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