EURGBP going on top in Forex market
2/2/2018 1:41:17 PM
The latest and softer tone around the pound has permitted EURGBP to settle session tops in the 0.8775 area on Friday, expanding the recoil from recent lows in the 0.8718 zone seen earlier in the week.
The cross is now up 0.13% at 0.8780 opposing the next up barrier at 0.8812 seconded by 0.8837 and ultimately 0.8860. On the flip side, a breach of 0.8722 would reveal 0.8691 and then 0.8650.
FOREX market analysis by FxErvin.