YourLazyTrader

EURGBP approaching support level, uptrend likely to resume

Largo
FX:EURGBP   Euro/Libra esterlina
EURGBP is approaching the support level. As long as price stays above the 0.89 level, the uptrend can resume very soon.
Price is also above the 100-day EMA, which means that the uptrend is still intact.

Buying at the support level that I have highlighted in my chart and targeting the 0.9150 level would be a good idea for the buyers.
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