The EUR/GBP pair fell slightly during the course of the session on Tuesday, but I still think there is a significant amount of support at the 0.85 level
The EUR/GBP pair fell slightly during the course of the session on Tuesday, but I still think there is a significant amount of support at the 0.85 level below. Because of this, some type of supportive candle or a short-term bounce could be used as an entryway into a market that has had a nice uptrend move, and it should continue to reach towards the 0.90 level above. At this point in time, I have no interest in selling this market, and am simply waiting to start buying based upon any signs of support.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
