Could EUR/GBP reach the 0.8915 level?
EUR/GBP
Looking at EURGBP’s chart, we can see that the FX pair is on a downtrend and currently it is traded at around $0.8859. Today if it holds the rate above the support level of $0.8850, then we should expect an increase of the rate towards its resistance level at around $0.8880 and if it is able to pass it, then it could reach its next resistance level at around $0.89-0.8915.
Looking at EURGBP’s chart, we can see that the FX pair is on a downtrend and currently it is traded at around $0.8859. Today if it holds the rate above the support level of $0.8850, then we should expect an increase of the rate towards its resistance level at around $0.8880 and if it is able to pass it, then it could reach its next resistance level at around $0.89-0.8915.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.