The EURGBP continued forming bullish corrective waves, benefiting from stochastic positivity, to notice surpassing the barrier at 0.8555 barrier to ease the mission of achieving some gains by reaching 0.8573 level.

 

Forming corrective attempts is expected to target 0.5885 and 0.8595 level, while activating the negative trend requires forming a sharp decline to settle below 0.8540 level, to begin targeting negative stations that are represented by 0.8510 and 0.8480 level.

 

The expected trading range for today is between 0.8540 and 0.8585

 

Trend forecast: Bullish