EUR/GBP PRICE ANALYSIS: BUYERS MOVED IN AND LIFTED THE EXCHANGE RATE ABOVE 0.8900, EYEING 0.9000
EUR/GBP CLIMBED ABOVE 0.8900 AND A ONE-MONTH-OLD DOWNSLOPE TRENDLINE
EUR/GBP PRICE ANALYSIS: UPWARD BIASED, AT THE BRISK OF CRACKING 0.9000.
The EUR/GBP soars past the 0.8900 psychological price level, hitting a three-week high of 0.8925. However, buyers could not lift the exchange rate towards the YTD high at 0.8978 but held to solid gains of 1.06%. At the time of writing, the EUR/GBP is trading at 0.6918.
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