EUR/GBP is poised to challenge the 0.9086 Fibonacci resistance though today is trading down -0.35% to 0.9027 but the bullish bias is supported while above the 0.8927 mark, Commerzbank’s Karen Jones briefs. Key quotes “EUR/GBP outlook remains positive and is approaching the 0.9086 50% Fibonacci resistance and this is now exposed.” “Above 0.9086 we target 0.9184, then 0.9323, the 61.8% and 78.6% retracements of the move seen since March. This latter level is reinforced by the 2017 high at 0.9308 and this represents our initial upside target zone (0.9308/0.9323).” “A bullish bias will be maintained while above the short-term uptrend at 0.8927 and we look for the market to hold above here.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next RBNZ: ‘Looser for longer’ seems the name of the game – UOB FX Street 2 years EUR/GBP is poised to challenge the 0.9086 Fibonacci resistance though today is trading down -0.35% to 0.9027 but the bullish bias is supported while above the 0.8927 mark, Commerzbank’s Karen Jones briefs. Key quotes “EUR/GBP outlook remains positive and is approaching the 0.9086 50% Fibonacci resistance and this is now exposed.” “Above 0.9086 we target 0.9184, then 0.9323, the 61.8% and 78.6% retracements of the move seen since March. This latter level is reinforced by the 2017 high at 0.9308 and this represents our initial upside target zone (0.9308/0.9323).” “A bullish bias will be maintained while above the short-term uptrend… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
