Euro / Livre Sterling
Long

EUR/GBP Will Find Support at 0.9000 Psychological Support

319
The 0.9000 zone has been incredibly important for EUR/GBP. It is no coincidence that these levels have been holding so strongly before.

Now that the price broke through this level, we've seen a very strong high volatility response. The bulls broke through this area with a strong dedication.

Now that the price has been growing so fast, it is logical that a retracement takes place. Again, the 0.9000 level would be a logical place for the price to find support, and have the bulls take over from the bears.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

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