EUR/GBP is bouncing back after slight decrease on Friday. The pair is approaching resistance at 0.8846 (19/01/2018 high). Expected to show further short-term strength.
In the long-term, the pair has largely recovered from lows in 2015. The technical structure suggests an upside momentum. The pair is trading below the range of its 200 DMA. Strong resistance can be found at 0.9500 (psychological level).
. Expected to show further short-term strength.){kind=link}