- 09 Nov 2023, 16:21
#1856
The EUR/GBP pair recently formed a minor bullish channel to hold above the 0.8660 support line, forming some bullish waves to notice settling near 0.8720. Consolidating the MA55 near the major support and stochastic positive momentum will increase the chances of resuming the bullish attack. Expect to move towards 0.8740, followed by reaching the 0.8780 resistance line. The expected trading range for today is between 0.8700 and 0.8740.
![Image](https://charts.mql5.com/37/879/eurgbp-d1-riston-capital-ltd.png)
![Image](https://charts.mql5.com/37/879/eurgbp-d1-riston-capital-ltd.png)