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EUR/GBP ST: rebound in sight.

2024-03-22
294

Pivot: 0.8495

Our preference: long positions above 0.8495 with targets at 0.8620 & 0.8660 in extension.

Alternative scenario: below 0.8495 look for further downside with 0.8445 & 0.8410 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

0.8724

0.8660

0.8620

0.8580 Last

0.8495

0.8445

0.8410

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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