(03 AUGUST 2018)EUR/GBP:Rebound expected.

(03 AUGUST 2018)EUR/GBP:Rebound expected.

3 August 2018, 09:46
Jiming Huang
0
71

eg

Pivot (invalidation): 0.8895

Our preference

Long positions above 0.8895 with targets at 0.8915 & 0.8925 in extension.

Alternative scenario

Below 0.8895 look for further downside with 0.8880 & 0.8865 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)