EUR/GBP Eyes 0.8555 Resistance as Bullish Trend Continues
EUR/GBP rose to the 0.8540 area on Monday after Friday’s dip found support at 0.8530. The pair’s bullish trend from mid-July lows holds, with a test of 0.8555 resistance in sight.
EURGBP
The Euro gained ground against the British Pound on Monday, advancing towards the 0.8540 level. A brief pullback on Friday found support at 0.8530, and buying interest resurfaced early this week.
The pair has been in an uptrend since touching a mid-July low of 0.8455. That momentum remains intact, with bulls now targeting the 0.8555 resistance area, which coincides with three-week highs.
Source: FXStreet Forex News