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Buying pressures continue.
(By Yann Quelenn)
• EUR/GBP's buying pressures continues. Hourly
resistance lies at 0.9415 (10/07/2017 high). Hourly
support is given at 0.9189 (24/08/2017 low).
Downside risks are nonetheless 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.
