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Wednesday, February 15, 2023

Technical: EURGBP sees strong bullish momentum after a negative week

Forex Factory
 
 
Alert Alert Feb 15, 2023, 6:29pm
 
Technical: EURGBP sees strong bullish momentum after a negative week
{video}EURGBP revived its bullish momentum on Wednesday after a week of losses, which pressured the pair from February's high of 0.8978 to the 0.8800 round level. The pair is aiming to preserve strength above the short-term support trendline around 0.8820 and hold within the bullish channel. If it snaps the 38.2% Fibonacci retracement of the former ...
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