(16 JULY 2018)EUR/GBP:Towards 0.8820

(16 JULY 2018)EUR/GBP:Towards 0.8820

16 July 2018, 10:21
Jiming Huang
0
66

eg

Pivot (invalidation): 0.8840

Our preference

Short positions below 0.8840 with targets at 0.8820 & 0.8810 in extension.

Alternative scenario

Above 0.8840 look for further upside with 0.8855 & 0.8865 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL) 

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