EURGBP still has good support at 7890/85

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 20, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 20 April 2016 EURGBP Spot EURGBP still has good support at 7890/85. This is the best chance of a low for the day again in oversold conditions. However longs need stops below 7870. If we continue lower look for a buying opportunity at 7840/45. Stop below 7825. Minor resistance at 7906/10 but above here meets strong resistance at 7935/40 & a good chance of a high for the day. Shorts need stops above 7950. There is quite strong resistance again at 7970/75 & we should

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