EURGBP: Strength on the Upside

EURGBP: 

EURGBP

EURGBP is trading above the 200EMA and also broken way above the weekly trend line resistance. As of Friday’s close, the pair has broke and close above the daily resistance, which could indicate further possible upside action.

The 2 levels that could potentially hold the pair would be 0.91120, 0.91730 which was previous levels that saw strong selling strength.

Legend:

Monthly Levels: Represented in Red

Weekly Levels: Represented in Blue

Daily Levels: Represented in Black

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