EURGBP Day | Potential bullish breakout

Title
EURGBP Day | Potential bullish breakout

Type
Bullish Breakout

Preference:
The price is on the pivot at 0.85536and it could continue to trend higher and breakout of the pivot point. A breakout could lead the price to rise to the 1st resistance at 0.86209, the overlap resistance that aligns with 61.8% Fibonacci retracement.

Alternative scenario:
Price could reverse and fall to the 1st support at 0.85032, the multi- swing-low support.

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

Source: Tickmill

EURUSD halted its decline: correction is complete; the market awaits news

The EURUSD pair has halted its decline. The market is awaiting greater clarity on Trump’s policy. Find out more in our analysis for 21 November

DE 40 analysis: the index gradually declines, retracing to 19,000.0

The DE 40 stock index has fallen slightly this week, approaching the 19,000.0 mark. The DE 40 forecast for next week remains negative. DE 40

Silver (XAGUSD) prices rise, securing above 31.00 USD

XAGUSD prices completed a downward correction, and following Gold, they reversed upwards, with growth likely to continue. More details in our XAGUSD analysis for today,

Searching for the right forex broker is no easy task, but have no fear! Brokerswatch.com has made it very simple. Find the right brokers based on the criteria most important to you and compare them side by side for easier selection

Brokers By Regulator

Forex Brokers List

Trading Tools

Risk Warning: FX trading is high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment goals, experience and risk tolerance levels. Loss of part or all of your initial investment is possible; therefore do not invest money that you cannot afford to lose. It is advised to educate yourself about FX trading before you trade real money. Disclaimer: All data and information on this Website are provided “as is” and to be used only for information purposes. Information is not intended for trading or trading recommendations. The operators of this website shall not be liable for any loss incurred by you as a result of reliance on the information contained in the Website.

EURGBP Day | Potential bullish breakout

Related Posts

EURUSD halted its decline: correction is complete; the market awaits news

DE 40 analysis: the index gradually declines, retracing to 19,000.0

Silver (XAGUSD) prices rise, securing above 31.00 USD

Recent Posts

Leading Key

About

Brokers By Regulator

Forex Brokers List

Trading Tools