Select Page

Get More Power Over Your Trading With Less Hassle

FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results

EURGBP-Retains Its Downside Pressure Bias

EURGBP- With the cross selling off on Wednesday and following through on Thursday, further decline is expected. Resistance resides at the 0.7700 level where a violation if seen will turn risk towards the 0.7740 level. On further upside, the 0.7780 level comes in as the next upside target followed by the 0.7820 level. Support comes in at 0.7600 level. Further down, support lies at the 0.7550 level where a violation will turn focus to the 0.7500 level. A break will expose the 0.7460 level. Its daily RSI is bearish and pointing lower suggesting further weakness. All in all, EURGBP remains vulnerable to the downside

EURGBP: Retains Its Downside Pressure Bias

GET MORE POWER OVER YOUR TRADING WITH LESS HASSLE

The Award-Winning Analysis Solution for Forex & Commoditidy Traders

Your trading, made easier

R
Get 15+ super-easy trade ideas with powerful daily analysis and easy-to-understand strategy eBook
R
Stay on top of every move with price action to help you make easier, faster, and more accurate trading decisions.
R
Whether your strategy is for day trading or swing trading FXTechstrategy analysis fits in seamlessly with no hassles.

See Plans and Get Started