- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/GBP Price Analysis: Further upside hinges on 0.9160 breakout
EUR/GBP Price Analysis: Further upside hinges on 0.9160 breakout
- EUR/GBP retreats after refreshing two-year high, sluggish of late.
- Bulls need validation from the key Fibonacci retracement hurdle.
- Sellers could take risks unless the quote drops below 0.8715.
- Bullish bias fades amid overbought RSI, nearness to key resistances.
EUR/GBP struggles to extend the latest run-up to the highest levels since September 2020, retreating to 0.9133 heading into Monday’s European session. In doing so, the cross-currency pair justifies the overbought RSI (14), as well as the importance of the Fibonacci retracement levels of the March 2020 to March 2022 downturn.
That said, the quote’s latest pullback, however, needs validation from the 61.8% Fibonacci retracement level of the 0.9000 psychological magnet to extend the south-run.
Following that, the 50% Fibonacci retracement level near 0.8850 can entertain the EUR/GBP bears before directing them to the tops marked during April 2021 and June 2022, around 0.8720.
Alternatively, the EUR/GBP prices need a weekly closing beyond the 78.6% Fibonacci retracement level near 0.9215-20 to keep the buyers hopeful.
In that case, the late March 2020 high near 0.9390 could offer an intermediate halt during the run-up to the year 2020 peak surrounding the 0.9500 mark.
To sum up, EUR/GBP is likely to remain firmer but the short-term pullback can’t be ruled out.
EUR/GBP: Weekly chart
Trend: Pullback expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
