In this video, the Trading Central looks at the currency pair EUR/GBP for the February 16th session.
EUR/GBP — Trading the EUR/GBP pair is a bit choppy these days. On the intraday 30-min chart, we can see that the pair has located a bottom at around 0.8470 before rebounding yesterday and producing an intraday bullish pattern of higher lows. Also the 50-period Moving Average has come in as support. We have overhead resistance 0.8530 and 0.8550, which are both previous highs. Key support is located at 0.8495.
© Prabhu for Forex Videos, 2017. |
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