Cross-rates signals: EUR/GBP remains in an uptrend - Ester Holdings
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Cross-rates signals: EUR/GBP remains in an uptrend

The EUR/GBP cross at the start of the week was under pressure of correction, while the minimum of Friday was not updated. This confirms the safety of the upward dynamics and unloads the overbought indicators for a new phase of growth.

From the pair EUR/GBP is expected to resume growth from zone 0.8950-80 with a test of resistance levels: 0.9020 and 0.9050-30. Fixing the pair below 0.8930 and 0.8910-00 cancels expectations for growth.


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Hanzenko Anton

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