EUR/GBP rally extends to 0.8670. Economists at Société Générale analyze the pair’s technical outlook.
First support is at 0.8630
EUR/GBP briefly breached June low however the downward momentum is dissipating as highlighted by a quick bounce from the lower limit of a multi-month channel near 0.8500. This is also denoted by daily MACD which has been posting positive divergence.
The pair has crossed above the 50-DMA; ongoing rebound could persist towards the upper limit of the channel near 0.8720/0.8750; this could be an important hurdle.
First support is at 0.8630, the 23.6% retracement of recent bounce.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
