Forex forecast on EURGBP + 90 pips per week by PaxForex





Forex forecast on EURGBP + 90 pips per week

The price above MA 200 and 20 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.8925
• Take Profit Level: 0.9015 (90 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.8860
• Take Profit Level: 0.8800 (60 pips)

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Forex forecast on EURGBP + 90 pips per week by PaxForex

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