Cross-rate signals: EUR/GBP maintains an uptrend
The cross-rate EUR/GBP, after the support test at 0.8730-40, which was caused by weak data on Germany, formed an upward trend. Signal of the entrance to the purchase will be repeated repulsion from the support level of 0.8750-40, which will open the way for buyers to the levels of 0.8790 and 0.8810. Support for the marks: 0.8730 and 0.8710.
Fig. EUR/GBP H4. Current price – 0.8770
Also, read: “The Most Common Trader’s Mistakes”
Hanzenko Anton