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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 16.11.2022

Technical Analysis
Wednesday, November 16, 2022 - 12:40
Point Trader Group
EURGBP 16.11.2022

Summary:

Bullish

Expected scenario:

The pair is trading above a strong support level around 0.8700, which enhances chances of a rise to 0.8827.

Alternative scenario:

The scenario fails by closing below 0.8684

resistance levels

0.8827 - 0.8900

Support levels

0.8684 - 0.8600

*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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