Could EUR/GBP reach the 0.8915 level?
EUR/GBP
Looking at EURGBP’s chart, we can see that the FX pair is on a downtrend and currently it is traded at around $0.8859. Today if it holds the rate above the support level of $0.8850, then we should expect an increase of the rate towards its resistance level at around $0.8880 and if it is able to pass it, then it could reach its next resistance level at around $0.89-0.8915.
Looking at EURGBP’s chart, we can see that the FX pair is on a downtrend and currently it is traded at around $0.8859. Today if it holds the rate above the support level of $0.8850, then we should expect an increase of the rate towards its resistance level at around $0.8880 and if it is able to pass it, then it could reach its next resistance level at around $0.89-0.8915.
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