Stalling below 0.9000.
(By Yann Quelenn )
• EUR/GBP is very volatile. The pair has surged
toward 0.9000. Hourly resistance is given at a
distance at 0.8742 (16/07/2017 low). Downside
risks are important.
• In the long-term, the pair has largely recovered
from recent lows in 2015. The technical structure
suggests a growing upside momentum. The pair
is trading above from its 200 DMA. Strong
resistance can be found at 0.9500 psychological
level.
