Cross-rates signals: EUR/GBP maintains an upward dynamics

Cross EUR/GBP maintains an upward dynamics, after a two-day movement in the flat. Thus, it retains the potential for growth in rebound from support levels: 0.8950 and 0.8930.

Deals for the buy should be considered above the level of 0.8970-80.

The resumption of the uptrend will open the way to resistance levels: 0.9010 and 0.9040. Fixing the cross below support levels will cancel expectations for growth.

Read also: “The golden section – the theory or a great assistant in the trade”

Hanzenko Anton

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