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Home » Forex and Currency News » Forex Market: EUR/GBP forecast for Monday

Forex Market: EUR/GBP forecast for Monday

Written by Miroslav Marinov
Miroslav Marinov
Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.
, | Updated: October 30, 2024

During Friday’s trading session EUR/GBP traded within the range of 0.8222-0.8238 and closed at 0.8226.

Technical view

eur-gbp

According to Binary Tribune’s daily analysis, in case EUR/GBP manages to breach the first resistance level at 0.8235, it will probably continue up to test 0.8245. In case the second key resistance is broken, the pair will probably attempt to advance to 0.8251.

If EUR/GBP manages to breach the first key support at 0.8219, it will probably continue to slide and test 0.8213. With this second key support broken, the movement to the downside will probably continue to 0.8203.

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