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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURGBP 12.04.2022

Technical Analysis

Tuesday, April 12, 2022 - 12:46

Point Trader Group

EURGBP 12.04.2022

Overview:

The pair is trading in an uptrend

Expected scenario:

The pair is trading above a strong support level around 0.8200, which enhances the chances of a rise to 0.8500

Alternative scenario:

A break of 0.8200 may push the pair down to 0.8000

resistance levels

0.8500

0.8700

0.8600

Support levels

0.8200

0.8000

0.7900

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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