FX.co ★ dare.jammie | EUR/GBP

EUR/GBP Hello colleagues. I observe a movement to the south on the daily chart yesterday. However, today I see such a good northward movement on the pair at the moment. Let's try to determine the further direction of the pair's movement, whether the northward direction will continue or other options are possible. Let's look at the technical analysis of the pair for the remaining trading time to see what it can recommend. Moving averages - actively buying, technical indicators - actively buying, conclusion - actively buying. It seems that today we should expect a continuation of the northward movement, we just need to confirm it. Let's look at the release of important news on the pair today. Important news will be released from the Eurozone, the amount of net speculative positions on EUR, the forecast is neutral. Important news has been released from the UK, the fact is rather positive. Also, data on the amount of net speculative positions on GBP will be released, the forecast is neutral. I assume that today we should expect a continuation of buying on the pair. I expect buying up to the resistance level of 0.8620. Sales are possible down to the support level of 0.8600. In other words, I expect a northward movement for the remaining trading time. That's a rough trading plan. Good luck to everyone.