EUR/GBP Is Bullish For Next Few Sessions | Free Forex Signals | Currency Trading

Get daily free forex signals on your mobile, by our research experts, based on fundamental and technical analysis.

Today we are sharing EUR/GBP Currency Trading Signals.  

DAILY FOREX SIGANALS

RECOMMENDATION : BUY

TARGET : 0.7170

SIGN UP FOR DAILY-FREE FOREX SIGNALS

EURGBP ( 4 HOURLY )

EUR/GBP CHART TODAY

SUMMARY:

The secondary trend of EURGBP is sideways on charts. In its 4 hourly chart, the pair is  sustaining below its falling trend line and consolidating with strong positive  bias to give break out at upside. Its 30 and 200 DMA are also providing support to the upside movement in the prices. If it crosses its resistance level of 0.7100 then we can expect it to come up to the levels of 0.7140/0.7170  in next few days.

INDICATORS:

RSI - Prices are sustaining in buying teritorry, supporting the up side movement in the market.

MACD line is also sustaining above the zero line indicating the upside movement in the market.

STRATEGY: 

EURGBP is looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.

SIGN UP FOR DAILY-FREE FOREX SIGNALS