0
74
Strong bullish momentum.
(By Yann Quelenn)
• EUR/GBP is trading higher. The pair has
broken the resistance at 0.8899 (19/09/2017 low).
The very short-term technical structure is now
biased to the upside. Hourly support is given at
0.8746 (27/09/2017).
• 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).
