EURGBP analysis on dated 11-9-2019

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 day moving average’s [Respectively at 0.89490 and 0.89540]

Type: Intraday analysis

Recommendation: Buy/Buy limit @ 0.89300   Target: 60 pips

Make the trade