(20 JULY 2018)EUR/GBP:The upside prevails.

(20 JULY 2018)EUR/GBP:The upside prevails.

20 July 2018, 10:00
Jiming Huang
0
65

eg

Pivot (invalidation): 0.8925

Our preference

Long positions above 0.8925 with targets at 0.8965 & 0.8980 in extension.

Alternative scenario

Below 0.8925 look for further downside with 0.8900 & 0.8875 as targets.

Comment

The break above 0.8925 is a positive signal that has opened a path to 0.8965.

(By Swissquote TRADING CENTRAL) 

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