(31 AUGUST 2018)EUR/GBP:Key resistance at 0.8990.

(31 AUGUST 2018)EUR/GBP:Key resistance at 0.8990.

31 August 2018, 10:17
Jiming Huang
0
15


Pivot (invalidation): 0.8990

Our preference

Short positions below 0.8990 with targets at 0.8945 & 0.8925 in extension.

Alternative scenario

Above 0.8990 look for further upside with 0.9005 & 0.9025 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL) 

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