(22 AUGUST 2018)EUR/GBP:Bullish bias above 0.8945.

(22 AUGUST 2018)EUR/GBP:Bullish bias above 0.8945.

22 August 2018, 09:21
Jiming Huang
0
48

eg

Pivot (invalidation): 0.8945

Our preference

Long positions above 0.8945 with targets at 0.8995 & 0.9010 in extension.

Alternative scenario

Below 0.8945 look for further downside with 0.8935 & 0.8920 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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