![(26 JUNE 2017)EUR / GBP:Selling pressures increase round 0.8800. (26 JUNE 2017)EUR / GBP:Selling pressures increase round 0.8800.](https://c.mql5.com/6/779/splash-699383.jpg)
(26 JUNE 2017)EUR / GBP:Selling pressures increase round 0.8800.
26 June 2017, 13:44
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Selling pressures increase round 0.8800.
• EUR/GBP is struggling to go any higher. Hourly
resistance is given at 0.8866 (12/06/2017 high).
Other support can be found at 0.8652
(08/06/2017 low). Expected to show renewed
strength.
• In the long-term, the pair has largely recovered
from recent lows in 2015. The technical structure
suggests a growing upside momentum. The pair
is trading above from its 200 DMA. Strong
resistance can be found at 0.9500 psychological
level.
(By Yann Quelenn)