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UnknownUnicorn890690

EURGBP Potential 350-pips surge

Long
Euro / British Pound (FX:EURGBP)  
UnknownUnicorn890690  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators EURGBP eurgbplong eurgbpbullish euro britishpound eurgbpanalysis eurgbpforecast
21
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trendanalysis chartpattern indicator eurgbp eurgbplong eurgbpbullish euro britishpound eurgbpanalysis eurgbpforecast
The common European currency will likely gain strength against the British Pound within the coming weeks.
The currency exchange rate edge higher by about 350 basis points during this period.
However, the EUR/GBP pair has to surpass a resistance level formed by the 21-DAY MA at 0.8483.
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