The EURGBP currency pair has maintained its upward trajectory, continuing to generate bullish momentum after breaking above the 0.8340 resistance level. This move signals the potential for further gains, with an eye on a target of 0.8355.
For the positive momentum to persist, it’s crucial for the pair to maintain support above 0.8325. Stochastic indicators should continue to reflect positive momentum, helping sustain the bullish outlook and facilitating an attempt to reach the 0.8370 level. A breakout above this level could lead the price to the next key target at 0.8395.
Today’s expected trading range is between 0.8335 and 0.8370.
Trend Forecast: Bullish
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