EURGBP moved a little higher on Friday but is still not far from recent multi-month lows. Price once again closed at a BUY zone.
This pair has been weighed by the UK’s comparatively swift vaccination efforts in January and amid EU vaccine delivery delays.
If price hits 0.88348 for us in this week's market open, we can expect to ride this Bull up to 0.88860 or even up to 0.88960 for our TP levels.
This pair has been weighed by the UK’s comparatively swift vaccination efforts in January and amid EU vaccine delivery delays.
If price hits 0.88348 for us in this week's market open, we can expect to ride this Bull up to 0.88860 or even up to 0.88960 for our TP levels.
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Being that seasonality may be over early for Q1, we are possibly seeing Bears enter for EURGBP now.