EURGBP analysis on dated 24-10-2019

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 day moving average’s [Respectively at 0.86200 and 0.86080]

Type: Intraday analysis


Recommendation: Buy/Buy limit @ 0.86200 Target: 60 pips