- Analytics
- News and Tools
- Market News
- EUR/GBP: S/T Trend Is Sideways For Now - Credit Suisse
EUR/GBP: S/T Trend Is Sideways For Now - Credit Suisse
eFXdata reports that Credit Suisse discusses EURGBP technical outlook.
"Whilst there remains the potential we may be seeing the construction of the “right shoulder” to a larger top, the immediate prospect remains seen for further sideways ranging. Near -term resistance moves to .9096, above which can see strength extend to .9158, then back to what we see as tougher resistance at .9213/30, which we continue to look to cap. Support seen at .8974, then .8931/29. Below this latter area is needed to clear the way for a retest of medium -term support at .8871/61," CS adds.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
