The EURGBP pair saw a follow through lower on Monday. This is coming on the of its Friday weakness. Support lies at the 0.8800 level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Resistance resides at the 0.8900 level where a violation if seen will turn risk towards the 0.8950 level. Further up, resistance resides at 0.9000 level followed by the 0.9050 level. All in all, EURGBP remains biased to the downside.
Top Entertainment
Search
New Posts
Investment in Indian Hotels Surged in 2023 – India Report
Radisson Debuts Luxury Brand in India, More New Hotels To Follow
The Keys to Luxury: Michelin Debuts New Rating System For France’s Finest Hotels
Wyndham Pushes Premium Strategy After Fending Off Choice’s Hostile Bid
Hoping for a Paris Olympics Boost? Accor Expects Only a Small Bump
Leave A Comment