Trading Conditions
Products
Tools
EUR/GBP has been consolidating within a rectangle since early October 2016 and looks set for the next challenge key resistance at 0.9306. A break above here should confirm the rally towards 1.0500. Short-term we are looking for EUR/GBP to break above minor resistance at 0.8786 and more importantly resistance at 0.8805 as confirmation that the next impulsive rally higher towards 0.9305 is in motion and ultimately a break above key resistance at 0.9306 is expected for a continuation higher towards 1.0500.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.