Technical Analysis – EURGBP enters bullish zone but key resistance ahead
EURGBP is entering bullish territory as the price is deviating above its shorter-term moving averages (SMAs) at the same time the MACD is turning positive after 5 months. The RSI and the red Tenkan-sen line are resuming their positive momentum, backing this view as well. Before turning optimistic however, the price should first clear the key 0.8600-0.8655 resistance area […]