(17 AUGUST 2018)EUR/GBP:The bias remains bullish.

(17 AUGUST 2018)EUR/GBP:The bias remains bullish.

17 August 2018, 09:48
Jiming Huang
0
15

eg

Pivot (invalidation): 0.8935

Our preference

Long positions above 0.8935 with targets at 0.8960 & 0.8980 in extension.

Alternative scenario

Below 0.8935 look for further downside with 0.8915 & 0.8900 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 

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