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The EURGBP leans above the support – Forecast today – 31-5-2024
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The EURGBP leans above the support – Forecast today – 31-5-2024
May 31, 2024 1:50 AM

EURGBP Price Analysis Expected Scenario No change to the EURGBP price bullish track until this moment due to the frequent stability above the key support 0.8485, to notice the attempt to form some bullish waves and settling near 0.8520. Stochastic rally above 50 level will increase the chances of gathering the positive momentum, to keep our bullish overview that might target 0.8530 level soon, while surpassing this obstacle will push the price towards 0.8570 as a next main target for the bullish trades. Expected Trading Range Between 0.8500 support and 0.8570 resistance.

Trend Forecast: Bullish

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