Currency pair EUR GBP is still trading within the bullish pattern of 1:1. At the moment, the pair quotes pushed from the lower boundary of the model, indicating a continuation of the EUR pairs quotations pound growth in the area above the level of 0.86.
EUR GBP forecast for the euro against the pound on September 5, 2016
Cancellation option will drop in prices pair below the level of the ascending channel. An additional signal in favor of the growth also stands to rebound from the support area on the indicator of relative strength.
EUR GBP forecast for the euro against the pound on September 5, 2016 assumes a continuation of the upward movement with the potential target at a level above the area of 0.86, in the case of falling below the 0.83 area, is expected to continue falling further down a pair of quotes.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link